Crypto exchange Bullish successfully raised $1.1 billion in its initial public offering (IPO). The company sold 30 million shares at $37 each, exceeding its initial marketed range of $32 to $33 per share. This higher-than-expected pricing gives Bullish a valuation of approximately $5.4 billion. The IPO demonstrates strong investor interest in the cryptocurrency market and Bullish's position within it, despite recent market volatility.