# Bullish (GI)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bullish-gi

- Industry: Financial Services
- Headquarters: Grand Cayman, Cayman Islands
- Website: www.bullish.com/
- Total disclosed funding: $400M
- Latest round: Seed (May 11, 2021)
- Investors on record: 5

## About

Bullish (GI) Limited operates as a cryptocurrency exchange platform, focusing on delivering advanced trading capabilities for digital assets. The most recent deal on August 13, 2025, Bullish (GI) Limited raised USD 1.11 billion?in an IPO, selling 30 million shares at USD 37 per share, above the price range of USD 28 to 33 per share, at New York Stock Exchange, under the ticker BLSH.
Bullish operates a regulated global cryptocurrency exchange that focuses on trading major digital assets such as Bitcoin (BTC), Ethereum (ETH), USDC, and USDT. The platform offers services like spot trading, margin trading, and derivatives, all through a unified trading account designed for capital efficiency. Utilizing a fully automated execution system with a best-in-class order matching engine ensures minimal slippage and low fees, catering primarily to institutions and advanced traders. Bullish collaborates closely with the Gibraltar Government and the Gibraltar Financial Services Commission (GFSC) to align with cryptocurrency regulations, serving professional investors and institutions across various jurisdictions, excluding regions like the United States and Canada.

## Funding rounds

- Seed, May 11, 2021, $300M — Founders Fund, Nomura Asset Management, Galaxy Asset Management, Thiel Capital
- Seed, May 11, 2021, $100M — Block.one

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Nomura Asset Management (https://capitalatlas.ai/funds/nomura-asset-management) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Thiel Capital — Seed
- Block.one (https://capitalatlas.ai/funds/block-one) — Seed