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- The deposit of the SEC confirms a June report FT that the bruises had submitted documents in accordance in compliance.
- Bullish generated $ 302 million in income and $ 150 million in net income in 2023.
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According to a FA-1 SEC form, according to a Peter Crypto form, an exchange of Crypto from Peter, has made a request for a first public call to public. The file confirms a financial report by the Financial Times that Bulnish had confidentially submitted IPO documents to the SEC.
Founded in 2021, Bullish declared $ 302 million in revenues and $ 150 million in net revenues for 2023, making it one of the few profitable cryptography platforms pursuing public registration.
The Block.one subsidiary has 874 million dollars in cash and $ 2.4 billion in customer assets. It also manages a treasure with $ 963 million in Bitcoin, $ 1 billion in EOS and nearly $ 400 million US. The exchange operates under a regulatory license in Bermuda and plans to develop in the United States.
The IPO arrives in the midst of improving the feeling of crypto, with new legislation such as the law on genius and clearer signals of the dry. Bullish is positioned to gain market share with transparent infrastructure and regulated services for institutions.
Supported by Thiel, Galaxy Digital and hedge names like Louis Bacon and Alan Howard, Haussier previously abandoned a spac fusion with an acquisition of Far Peak in 2022.
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