Peter Thiel-Backed Bullish Targets $4.82B Valuation After Upsizing US IPO

The company now plans to raise as much as $990 million by selling 30 million shares at $32 to $33 each, up from its earlier plan to sell 20.3 million shares at $28 to $31 apiece.

Peter Thiel-backed crypto exchange Bullish (BLSH) boosted the size of its U.S. initial public offering on Monday, targeting a valuation of up to $4.82 billion. 

The company now plans to raise as much as $990 million by selling 30 million shares at $32 to $33 each, up from its earlier plan to sell 20.3 million shares at $28 to $31 apiece.

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