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Bullish

Bullish

Public
San Francisco, CaliforniaFintech: Cryptohttps://www.bullish.com

Last Round

IPO Announced

Aug 13, 2025

Est. Valuation

$5.41B

Total Funding Raised

$1.58B

Company Overview

Bullish is a fintech and blockchain company that offers a cryptocurrency exchange platform aimed at enhancing liquidity for digital assets through a blend of centralized and decentralized finance features.

Sector

Fintech: Crypto

AI Layer

Non-AI

Keywords

institutional digital asset platformregulated cryptocurrency exchangehybrid exchange with CLOB and AMMinstitutional crypto liquidity providerproprietary automated market maker (AMM)spot and derivatives crypto tradingdigital asset market infrastructurehigh-performance trading APIs (REST and FIX)BitLicense-regulated crypto exchangeautomated market making (AMM) instructionsdigital asset benchmarks and indicescrypto market data and analyticscrypto venture capital arm

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Bullish Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Bullish Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
IPO AnnouncedAug 13, 2025
Corporate FundingMay 11, 2021

Bullish Investors

Notable investors and investment history

InvestorRounds
Block.oneCorporate Funding
JefferiesIPO
Thiel CapitalCorporate Funding
Galaxy DigitalCorporate Funding
Founders FundCorporate Funding
NomuraCorporate Funding
J.P. MorganIPO

Bullish Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Bullish Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range393
Year Founded2021
Last FundingAug 13, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.