Crypto Firm Bullish Raises $1.1 Billion in IPO Priced Over Range

Bullish Raises $1.1 Billion in IPO Priced Over Range

Bullish raised $1.1 billion in an initial public offering, pricing its shares above the marketed range.

The digital-asset exchange operator and owner of media outlet CoinDesk sold 30 million shares Tuesday for $37 each, the company said in a website statement dated Tuesday. They were earlier marketed at $32 to $33 apiece.