Bullish Poised for NYSE Listing Amid Strong Demand

Block.one’s Bullish platform plans to list on NYSE with ticker BLSH on August 13, 2025, attracting strong investor interest and potential oversubscription.

This listing marks a significant moment for cryptocurrency exchanges, signifying growing institutional acceptance and potential liquidity surge, despite unconfirmed EOS renaming reports.

Block.one’s Bullish Prepares for $975 Million IPO

Bullish’s imminent listing on the NYSE marks a major milestone for Block.one’s ecosystem. CEO Tom Farley leads the charge, overseeing the IPO’s expanded issuance, which has been met with strong market recognition and capital interest. Underwriters include J.P. Morgan, Jefferies, and Citigroup, enhancing credibility with their involvement.

The listing proposes 30 million shares at approximately $32 to $33 each, seeking gross proceeds of around $975 million. This updated range indicates robust demand, although precise figures are subject to confirmation as the NYSE deadline approaches. Potential conversion of proceeds into stablecoins is delineated in disclosed plans.

Market observers have acknowledged the IPO’s high interest, as reflected in comments from asset management entities like BlackRock and ARK Investment Management, which have shown non-binding interest of up to $200 million. With the listing date looming, the exchange’s equity introduction continues to generate considerable buzz.

Tom Farley, CEO, Bullish, stated, “We are excited to bring Bullish to the public markets and are committed to leveraging our innovative technology to revolutionize the digital asset marketplace.”

Institutional Interest Fuels Bullish’s NYSE Ambitions

Did you know? EOS’s anticipated NYSE journey reflects historical trends where emerging exchanges impact asset liquidity and market dynamics, akin to Coinbase’s direct listing in 2021.

According to CoinMarketCap, EOS is currently valued at $0.53, with no existing market cap or circulating supply. Its fully diluted market cap reaches over $1.12 billion. Trading volume within the past 24 hours has surged by 50.69% to over $2.66 million. Price performance shows a 1.85% decline within 24 hours, while a positive 5.75% increase over the week offers some counterbalance.

Coincu’s research team suggests the Bullish IPO may stimulate a reevaluation of exchange token dynamics, leveraging potential gains or market positioning shifts impacting ETH and BTC. The listing illustrates continuing institutional embrace amid evolving regulatory frameworks and technological advancements, emphasizing long-term investment prospects.