Bullish stock opens with a bang — a sign that investors still crave crypto plays

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IPO Report

The Coindesk parent’s hot IPO has much in common with other cryptoc companies that recently saw strong opening-day gains

Published: Aug. 13, 2025 at 2:20 p.m. ET

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.

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