Bullish received $1.15b of IPO proceeds in USDC, other stablecoins

Bullish, an institutionally-focused digital asset platform that's going public on the New York Stock Exchange, received over $1.15 billion in stablecoins as proceeds of its initial public offering, the company has announced. According to Bullish (NYSE: BLSH), most of the stablecoins were minted on the Solana blockchain, led by US dollar-pegged Circle stablecoin USDC.

Source: invezz.com

Related symbols: USDCUSD