Summary
- Bullish announced that it has received its initial public offering (IPO) funds in stablecoins.
- According to the official statement, the scale of these funds is approximately $1.15 billion.
- It is the first case in the US where stablecoins have been used for an IPO.
The virtual asset (cryptocurrency) exchange 'Bullish' has reportedly received its initial public offering (IPO) funds in stablecoins.
On the 19th (local time), Bullish announced on its official website, "We have received the funds from our recently completed IPO in stablecoins," adding that "the total amount is about $1.15 billion."
This is the first known case in the United States where stablecoins have been used for an IPO.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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