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Bullish's stock opens with a bang - a sign that investors still crave crypto exposure
Wall Street gave shares of cryptocurrency-trading platform Bullish a standing ovation in their public debut Wednesday - a sign that investor appetite for exposure to digital currencies remains very healthy. The timing was right for CoinDesk parent Bullish to go public, as it comes on a day that bitcoin (BTCUSD) was surging 1.4% in recent trading toward a record close, according to FactSet data. The stock's (BLSH) first trade was at $90 at 1:01 p.m. Eastern, which was 143.2% above the pricing of the initial public offering at $37. It has added to gains since in very active trading, as it was up 153.6% in recent ... (full story)