Bullish's IPO still received oversubscription after scaling up

ChainCatcher news, according to Bloomberg Terminal, the initial public offering (IPO) of the cryptocurrency trading platform Bullish has been oversubscribed after scaling up.

ChainCatcher news, according to a previous report by Reuters, the cryptocurrency trading platform Bullish, backed by Peter Thiel, has expanded its initial public offering (IPO) size, now targeting a valuation of up to $4.82 billion. This is a significant increase from last week's target of $4.2 billion, reflecting a sudden surge in market enthusiasm for digital assets.