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Block.one's Cryptocurrency Exchange Bullish May Go Public Via SPAC
Summary: According to a report from Bloomberg, Bullish, a cryptocurrency exchange backed by several billionaires, may go public through SPAC (Special Purpose Acquisition Company) and is negotiating a merger with Far Peak Acquisition Corp. People familiar with the matter said an agreement may be reached as soon as possible in the next few weeks, the market ...
According to a report from Bloomberg, Bullish, a cryptocurrency exchange backed by several billionaires, may go public through SPAC (Special Purpose Acquisition Company) and is negotiating a merger with Far Peak Acquisition Corp.
People familiar with the matter said an agreement may be reached as soon as possible in the next few weeks, the market value after the merger may be as high as $12 billion.
Bullish was launched in May by Block.one, a blockchain software company backed by billionaire Peter Thiel, hedge fund managers Alan Howard, Louis Bacon, Hong Kong tycoons Richard Li, and German entrepreneur Christian Angermayer.
By Mary Liu
Tags: Block.one,Bullish,Peter Thiel,SPAC
Link: Block.one's Cryptocurrency Exchange Bullish May Go Public Via SPAC [Copy]
