OPI up to the list of setting up the impulse of Trump’s genius law, requesting the Nyse list
In a movement that indicates a growing confidence in the cryptographic sector of the United States, the exchange of cryptocurrencies backed by Peter Thiel Bullish has officially requested an initial public offer (OPI) before the stock exchange and values commission (SEC), planning to enumerate the New York Stock Exchange under the Ticker $ BLSH.
This presentation of OPI is produced immediately after the Genius law recently signed by President Donald Trump, a radical legislative measure aimed at supporting innovation within the blockchain industry and cryptocurrencies while providing regulatory clarity. Time is aligned with a wider wave of cryptographic firms that move towards public markets, including OPI plans of $ 1.1 billion of circle and Gemini’s anticipated public list, as optimism accelerates within the digital asset ecosystem.
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It points to institutional expansion bullish with OPI strategy
In a letter included in the presentation of the SEC on Friday, the CEO of Bullish, Tom Farley, described the opi as a critical step for the company’s growth strategy:
“We are looking for an upward OPI because we believe that the digital asset industry is entering its next phase of global expansion. We see compliance and transparency as fundamental principles that are aligned with the expectations of open capital markets.”
Farley emphasized that the regulatory clarity of the Genius law has encouraged companies such as Bullish to climb the operations with confidence, reflecting a change in the regulatory panorama under the Trump administration that has opened new doors for institutional investments of cryptography.
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Bullish, launched in 2021, currently offers cryptography trade, margin trade and derivative trade to a global user base. However, their margin and derivative products are not yet accessible to American customers, a gap that the company expects to address after its public list and its pending regulatory approvals.
OPI presentation details: Ticker, subscribers, finance
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Heart: $ BLSH
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Exchange: NYSE
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Offering: Ordinary shares
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Subscribers: JPMorgan, Jefferies, Citigroup, Deutsche Bank, Cantor Fitzgerald
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Date of presentation: July 18, 2025
The IPO is being directed by a list of elite subscribers, indicating an important institutional support for Bullish’s public debut. The exchange also has an outstanding means of Criminal Media communication, acquired from Digital Currency Group in 2023, and, according to reports, it has more than 24,000 BTC as part of its treasury, which underlines its financial strength.
Financial performance and past challenges
Despite informing a net income of $ 80 million in 2024, Bullish revealed a net loss of $ 348.6 million for the first quarter of 2025, a reversal of a gain of $ 104.8 million in the quarter of the previous year. Losses were mainly attributed to market volatility and a failed attempted at 2021 in the middle of cryptographic winter and a wave of regulatory repressions combined with rapid increases in interest rates.
However, the company seems to have stabilized its financial strategy, taking advantage of its growing user base, institutional relations and compliance infrastructure to position itself for a successful OPI.
Support of heavyweight investors
OPI’s presentation revealed that Bullish’s main investors include:
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Alexander see
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PU LUO CHUNG VC PRIVATE LTD.
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Brendan Blumer, CEO of Block.one
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Affiliates linked to block. One and others prominent cryptographic VC
Peter Thiel’s support, along with these heavyweight sponsors, has been fundamental in the growth of Bullish, allowing the exchange to expand its services and increase its presence in institutional cryptography trade circles.
Impact of Genius Law: A regulatory tail wind for cryptographic opi
President Trump signed the Genius Law (which generated an improved national innovation and unleashed Satoshi) in June 2025, with the aim of promoting blockchain innovation, establishing clear guidelines for cryptographic taxes and promoting the development of digital assets based in the United States. The law has been acclaimed by industry leaders as a significant step towards regulatory certainty, reducing the ambiguity that previously clouded cryptographic projects considering public lists.
Bullish’s decision to proceed with his IPO aligns with this regulatory environment, positioning the exchange to capitalize on the growing interest of institutional and retail investors looking for compatible transparent roads in the cryptographic sector.
Strategic positioning: market expansion and institutional trust
The encryption exchange plans to use the income of the IPO A:
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Expand their derivatives and margin offers in US markets
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Invested in compliance and safety infrastructure to meet evolving regulatory demands
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Scale operational capacity to manage the next institutional adoption wave of cryptography
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Strengthen your treasure through the strategic holdings of Bitcoin and Ethereum
With greater regulatory clarity and interest of investors, the OPI Alcista is prepared to attract a wide range of market participants, from cryptography enthusiasts to institutional investors looking for compatible high liquidity negotiation places.
Mount the wave of public listings in crypto
Bullish’s OPI is part of a broader trend of cryptographic companies that seek to go to public amid favorable conditions. Earlier this year, Circle presented plans for an OPI of $ 1.1 billion, while Gemini has indicated his intention to follow a public list after greater regulatory clarity in the United States.
This wave of cryptographic OPI under the Trump administration reflects a change in how cryptographic companies see capital markets: pass opaque private financing rounds towards transparent and regulated lists that provide credibility and access to broader investor bases.
Conclusion: A decisive moment for the next Phase of Crypto
The Alcista OPI marks a significant milestone for the cryptographic industry, which demonstrates the maturation of the sector and the growing integration with traditional financial markets. Backed by Peter Thiel and other influential investors, and backed by the regulatory clarity offered by Genius law, Bullish’s debut could establish the tone for future cryptography listings, further closing the gap between digital assets and conventional finances.
As the digital asset ecosystem continues to evolve, Bullish’s OPI represents an opportunity and test for the preparation of the cryptographic industry to adopt transparent regulated growth within the US market.
Market investors and observers will closely be observing the OPI, anxious to see if the impulse can transport the bullish and broader cryptography sector in a new era of conventional financial legitimacy.
Writer
@Ellena
Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.
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