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The highly anticipated Crypto Assets exchange Bullish is set to be listed on the New York Stock Exchange, with its stock price expected to open in the range of $89-90, more than doubling the previous $37 issuance (IPO) price.
This strong pricing reflects investors' keen interest in Crypto Assets-related businesses, despite recent market volatility. Bullish has received support from renowned investor Peter Thiel, and its listing performance may become an important indicator of the overall investment sentiment in the encryption industry.
Analysts pointed out that Bullish's high opening price reflects institutional investors' confidence in the long-term development prospects of the Crypto Assets industry. However, experts also remind investors to closely monitor the trading volume and price trends after the stock's listing to assess its actual market performance.
As the boundaries between traditional finance and Crypto Assets become increasingly blurred, the listing of Bullish will undoubtedly become another milestone event in the integration of the two fields. Industry insiders generally believe that this listing may pave the way for other Crypto Assets companies to enter the public market, promoting further standardization and mainstreaming of the entire industry.