Cryptocurrency firm Bullish to go public in $9 billion SPAC deal

By Gertrude Chavez-Dreyfuss

(Reuters) – Cryptocurrency company Bullish announced on Friday it had agreed to go public on the New York Stock Exchange through a merger with Far Peak Acquisition, a special purpose acquisition company (SPAC), in a $9 billion deal.

Bullish, a unit of blockchain software company Block.one, plans to launch a regulated crypto exchange later this year.

The company is backed by billionaire entrepreneur Peter Thiel’s Thiel Capital and Founders Fund, British hedge fund…


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