在交流中看漲：看漲的交流眼睛紐約證券交易所列表

看漲交易所的IPO計劃表明，公開的加密交易所的看漲趨勢，反映了製度的不斷增長和不斷發展的監管景觀。

The crypto world is buzzing with activity, and the latest news has a distinct Wall Street flavor. Bullish, the Cayman Islands-based digital asset exchange, is making a bold move: filing to go public on the New York Stock Exchange (NYSE) under the ticker BLSH. This isn't just another crypto headline; it's a sign of the times, indicating a growing appetite for crypto exposure in traditional financial markets.

加密世界充滿了活動，最新消息具有獨特的華爾街風味。總部位於開曼群島的數字資產交易所看漲，正在大膽地採取行動：在股票BLSH下向紐約證券交易所（紐約證券交易所）公開申請。這不僅僅是另一個加密標題。這是時代的跡象，表明在傳統金融市場中對加密貨幣的興趣越來越大。

Bullish's NYSE Ambitions

看漲的紐約證券交易所

Bullish's journey to the NYSE isn't exactly a straight shot. While they're now prepping for an IPO, they previously explored a SPAC deal back in 2021. That plan ultimately fizzled out due to market turbulence and rising interest rates. But, like any good New Yorker, Bullish isn't giving up easily. This time, they've submitted their registration to the SEC, with Jefferies leading the charge as the underwriter.

看漲紐約證券交易所的旅程並不是直截了當的。儘管他們現在正在為IPO做準備，但他們此前曾在2021年探索過SPAC交易。該計劃最終由於市場動盪和利率上升而陷入困境。但是，像任何好紐約人一樣，看漲並不容易放棄。這次，他們已將註冊提交給SEC，傑富瑞（Jefferies）領導了承銷商。

The F-1 form is public, but the details on share numbers and price ranges are still under wraps. What we do know? They're giving underwriters a 30-day window to snag extra shares if needed.

F-1表格是公開的，但有關股票數量和價格範圍的詳細信息仍在包裹中。我們知道什麼？他們為承銷商提供了一個30天的窗口，以便在需要時搶購額外的股份。

Financials: A Mixed Bag

財務：混合袋

Last year was pretty stellar for Bullish, raking in about $80 million in net income. However, 2025 started off a bit rocky, with a net loss of $349 million in the first quarter. That's a considerable dip from the $104.8 million profit in the same quarter last year. Despite the dip, Bullish isn't exactly strapped for cash. They're sitting on over $1.9 billion in liquid assets, including cash, Bitcoin, stablecoins, and other digital currencies. They're confident they're in a solid position to move forward with the IPO.

去年對看漲表現非常出色，淨收入約為8000萬美元。但是，2025年開始有點岩石，第一季度淨虧損3.49億美元。這與去年同期的1.048億美元利潤相當大。儘管下降了，但看漲並沒有完全謀取現金。他們坐在超過19億美元的流動資產上，包括現金，比特幣，穩定幣和其他數字貨幣。他們相信自己處於穩固的位置，可以繼續進行IPO。

Global Footprint

全球足跡

While the IPO is focused on the U.S., Bullish is far from a local operation. They've got subsidiaries in Hong Kong, Singapore, the U.K., Germany, Gibraltar, and, of course, their home base in the Cayman Islands. The Hong Kong unit is particularly important, holding licenses that allow it to trade digital assets under local law and handle crucial services like cybersecurity and custody.

儘管IPO專注於美國，但看漲遠非本地行動。他們在香港，新加坡，英國，德國，直布羅陀，當然還有他們在開曼群島的基地。香港單位尤其重要，持有許可證，允許其根據當地法律進行數字資產進行交易，並處理網絡安全和監護權等關鍵服務。

A Broader Trend: Crypto Going Public

更廣泛的趨勢：加密貨幣公開

Bullish isn't alone in eyeing the public markets. Other crypto firms like Gemini and Ripple Labs are also considering IPOs. Circle, the USDC issuer, recently listed on the NYSE after a successful IPO filing. Plus, the U.S. government passed the GENIUS Act, which aims to introduce clearer rules for the crypto space. This could very well pave the way for more companies like Bullish to go public.

在關注公共市場時，看漲並不孤單。 Gemini和Ripple Labs等其他加密公司也在考慮IPO。 USDC發行人Circle最近在成功進行IPO文件後在紐約證券交易所列出。另外，美國政府通過了《天才法》，該法案旨在為加密貨幣空間介紹更清晰的規則。這很可能為像看漲這樣的更多公司公開舖平道路。

CZ's Play: BNB Treasury Company

CZ的戲劇：BNB國庫公司

Adding another layer to the exchange narrative, Binance co-founder Changpeng Zhao (CZ) is getting in on the action. Through his investment family, YZi Labs, he's backing the establishment of BNB Treasury Company, aiming for a U.S. listing. This move is all about giving institutional investors easier access to BNB, the native token of Binance. 10X Capital will manage the assets, buying and holding BNB to create a “crypto treasury” accessible to Wall Street.

Binance聯合創始人Changpeng Zhao（CZ）在交換敘述中添加了另一層，正在採取行動。通過他的投資家族Yzi Labs，他支持建立BNB國庫公司，以美國上市。這一舉動是為了使機構投資者更容易獲得BNB，BNB是BNANCE的本地代幣。 10x Capital將管理資產，購買和持有BNB，以創建華爾街可以使用的“加密貨幣”。

ETC Surges: A Bullish Sign?

等等：看漲標誌？

While we're talking bullish, let's not forget Ethereum Classic (ETC). Recently, ETC price surged, posting its strongest daily gain since late 2023. A textbook bullish cup and handle formation broke out, supported by strong bullish candles and expanding volume.

當我們談論看漲時，我們不要忘記以太坊經典（等）。最近，價格飆升，自2023年下半年以來，每日收益最強。教科書看漲杯子和手柄構造爆發，並得到強烈看漲的蠟燭和擴大數量的支持。

Final Thoughts

最後的想法

So, what's the takeaway? The trend of crypto exchanges going public signals a significant shift. It's about mainstream adoption, institutional interest, and the evolving regulatory landscape. Sure, there are challenges, like regulatory hurdles and market volatility. But hey, what's Wall Street without a little risk? Keep an eye on Bullish and other crypto companies making moves – it's going to be an interesting ride. To the moon, maybe?

那麼，收穫是什麼？加密交流的趨勢公開發出了重大轉變。這是關於主流採用，機構利益和不斷發展的監管格局。當然，存在挑戰，例如監管障礙和市場波動。但是，嘿，華爾街沒有任何風險？請密切關注看漲和其他加密公司採取行動 - 這將是一個有趣的旅程。到月球，也許？