According to CNBC, Bullish, the crypto trading platform of Block.one, the parent company of EOS (now Vaulta), filed for an IPO in the US this Friday, planning to list on the New York Stock Exchange with the stock code "BLSH."

The IPO filing states that as of March 31, Bullish's total trading volume since its launch has exceeded $1.25 trillion. In the first quarter of 2025, the average daily trading volume of the Bullish exchange exceeded $2.5 billion. Its main competitors include Binance, Coinbase, and Kraken. Bullish stated in a filing with the U.S. Securities and Exchange Commission that its mission is, in part, to "drive the adoption of stablecoins, digital assets, and blockchain technology."

Bullish is a spin-off of Block.one, with initial investments from Thiel's Founders Fund and Thiel Capital, as well as Nomura Securities, Mike Novogratz, and others. In addition, Bullish acquired the cryptocurrency news website CoinDesk in 2023.