Bullish increased the size and price of its initial public offering, boosting the potential deal size to $990 million from about $629 million as crypto-related companies look to ride high investor interest.
The digital-asset exchange operator and owner of media outlet CoinDesk now plans to market 30 million shares for $32 to $33 each, according to a filing with the US Securities and Exchange Commission on Monday. The Cayman Islands-based firm previously looked to sell 20.3 million shares for $28 to $31 each.