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Decrypt • Aug 19, 2025

Bullish Takes $1.15 Billion in IPO Proceeds via Stablecoins—Mostly on Solana

Bullish raised $1.15 billion through its IPO by securing funds primarily in stablecoins such as USDC on Solana and RLUSD on the XRP Ledger, highlighting a growing trend in digital...

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CoinDesk • Aug 19, 2025

Bullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market

The company's initial public offering raised $1.15 billion entirely through various stablecoins, marking a notable development in the use of digital currencies for market transacti...

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