Hoping to follow the blockbuster initial public offerings of peer crypto companies Circle (CRCL) and eToro (TORO), Peter Thiel-backed Bullish is set to make its debut and could start trading as soon as today,

Bullish raises $1.11B in oversubscribed NYSE debut, backed by Peter Thiel, signaling strong institutional demand for crypto-linked stocks.

Bullish IPO has shaken up Wall Street after raising $1.1 billion in one of the year’s most oversubscribed listings. Backed by billionaire investor Peter Thiel, the crypto exchange priced shares at $37,