Bullish

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Bullish
Company type
Public
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HeadquartersGeorge Town, Cayman Islands
Key people
Thomas W. Farley, Chair & CEO
David W. Bonanno, CFO
ProductsCryptocurrency exchange
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Total equityIncrease US$3.216 billion (2025)
OwnerBrendan Blumer (25.89%)
Kokuei Yuan (24.09%)
Thomas W. Farley (3.45%)
Andrew C. Bliss (3.34%)
David W. Bonanno (1.23%)
Number of employees
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SubsidiariesCoinDesk
Websitebullish.com
Footnotes / references
[1]

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Bullish is a Caymanian cryptocurrency exchange and blockchain technology company headquartered in George Town, Cayman Islands.[1] The company provides infrastructure and services for the trading of digital assets through the Bullish Exchange platform, which is licensed in Germany, Hong Kong, Gibraltar, and New York State.

History

Bullish was founded in 2020 in Hong Kong by Brendan Blumer, who had previously launched Block.one.[2] It began its operations in May 2021.[2] The company was initially seeded by Block.one with 164,000 Bitcoins valued at around Template:US$, Template:US$ in cash, and 20 million EOS.IO tokens. It also raised Template:US$ from investors including Peter Thiel, Alan Howard, Louis Bacon, Christian Angermayer, and Richard Li.[3]

Bullish was incorporated in the Cayman Islands on June 22, 2021.[4]

In 2021, Bullish announced plans to become a public company through a Template:US$ merger with a special-purpose acquisition company (SPAC); however, the deal was canceled in December 2022 after the SPAC was unable to secure the necessary approvals.[2]

In November 2023, the company acquired CoinDesk for approximately Template:US$.[5]

In August 2025, Bullish became a public company via an initial public offering (IPO), raising Template:US$.[6]

In May 2026, Bullish agreed to acquire transfer agent Equiniti from Siris Capital for $4.2 billion, including $1.85 billion of assumed debt and $2.35 billion in Bullish stock.[7][8]

See also

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References

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