Bullish: Received $1.15 billion in revenue from the IPO, paid in stablecoin.

[Bullish: Obtained $1.15 billion in revenue from IPO, paid in stablecoin] The digital asset exchange Bullish, listed on the New York Stock Exchange, officially announced that it has obtained $1.15 billion in revenue from its recently completed coin IPO, paid in stablecoin. Bullish stated that the vast majority of stablecoins were minted on the Solana network, and investment bank Jefferies acted as the settlement and delivery agent for the IPO, coordinating the minting, conversion, and delivery processes of stablecoins, and closely cooperating with numerous issuers and platforms in the US, Europe, and Asia. The funds raised from the IPO were mostly settled in USDC, with a portion settled in EURC, exclusively held by CEX.

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