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Peter Thiel-backed crypto firm weighs IPO

Bloomberg
Bloomberg • 2 min read
Peter Thiel-backed crypto firm weighs IPO
Peter Thiel (pictured) is one of the backers of cryptoasset exchange operator Bullish Global. Photo: Bloomberg
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Bullish Global, a cryptoasset exchange operator whose backers include billionaire Peter Thiel, is considering an initial public offering as soon as this year, according to people familiar with the matter.

The company is working with Jefferies Financial Group Inc. on the potential listing, the people said, asking not to be identified because the information is confidential.

An IPO would see Bullish joining a growing number of companies in the sector moving ahead with plans to go public, amid expectations that President Donald Trump will pursue a pro-crypto agenda.

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