IPO is a very popular term in the stock market, but in the crypto market, it is not the case. we also need to understand that Coinbase is the first exchange that has filed its IPO during the time of Kovid and now there is another exchange which is going to be listed in New York Stock exchange for its IPO. IPO means Initial Public offering ehere initial investors can invest on the stocks before it goes for the public listing.
After coinbase, Bullish crypto exchange is going to be the another exchange having its IPO listing in the NYSE, and I believe this is great news for the entire crypto ecosystem. IPO listing means it is accessible for the general public to invest on the company and since it is a cryptocurrency exchange so the stock growth is dependent upon how the exchange performs in crypto market. Needless to say that this will be impacted by the bull run in the crypto market, and as we are approaching the bull run so this listing can be more beneficial and a great value addition to the crypto world.
Bullish — a digital asset exchange backed by billionaire Peter Thiel — has officially filed for an initial public offering (IPO) in the U.S. The company plans to go public on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH
As this is the second exchange that is going to be listed on the public exchange, but looks like this is a trend that might be followed by other exchanges as well. to get listed on the public exchanges, this is a great move. In the crypto market, we are expecting a lot of money inflow because when it happens, then the market situation improves, so no matter how this money comes in but as long as it is poured into the crypto market, the impact is going to be positive.
I'm happy to read this news and I'm sure everyone who is part of the crypto market should also be happy after reading this because altogether this is a great news for the entire crypto community and surely it will help to get more money inflow in this exchange from the people who have never invested in crypto but let's see what sort of people choose to invest on the exchange and the ratio is also important. Altogether, this is a different way through which the money will come into the crypto market, and that's what is another great part that we should not ignore.
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