Bullish's IPO remains oversubscribed even after upsizing

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On August 11, the initial public offering (IPO) of the crypto trading platform Bull was oversubscribed after expanding its scale. (Bloomberg Terminal)

BlockBeats previously reported that Bullish, a cryptocurrency trading platform supported by Peter Thiel, has expanded its initial public offering (IPO) scale, with a target valuation now reaching $4.82 billion. This is a significant increase from the previous $4.2 billion target last week. The new plan is to sell 30 million shares at a price of $32 to $33 per share. At the highest price point, Bull could raise approximately $990 million, which is an increase from the earlier plan of selling 20.3 million shares at $28 to $31 per share. (Reuters)

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