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, the crypto exchange backed by Peter Thiel, raised $1.1 billion in its IPO on Tuesday after pushing its share price higher than expected.