Technology

Peter Thiel-Backed Crypto Firm Weighs IPO

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Todd Gillespie, David Pan, Ryan Gould, and Bailey Lipschultz

February 4, 2025 at 9:20 PM UTC

Updated on

February 5, 2025 at 5:09 PM UTC

This article is for subscribers only.

Bullish Global, a cryptoasset exchange operator whose backers include billionaire Peter Thiel, is considering an initial public offering as soon as this year, according to people familiar with the matter.

The company is working with Jefferies Financial Group Inc. and JPMorgan Chase & Co. on the potential listing, the people said, asking not to be identified because the information is confidential.