10 Stocks Crushing While Wall Street Naps

6. Bullish (NYSE:BLSH)

Cryptocurrency exchange Bullish saw its share prices grow by 9.75 percent on Thursday to close at $74.63 apiece as investors continued to post strong confidence in the company.

After its debut on the stock market on Wednesday, August 13, shares of Bullish (NYSE:BLSH) already rose by a whopping 219 percent from its $37 IPO price, to an intra-day high of $118, before paring gains to finish lower.

The company successfully raised $1.1 billion in fresh funds from its IPO, covering 30 million shares or 19.9 percent of its total stock. As of Thursday, it was valued at nearly $11 billion.

Bullish (NYSE:BLSH) joins the roster of publicly listed cryptocurrency exchange platforms, taking advantage of President Donald Trump’s favorable attitude towards the cryptocurrency industry.

Unlike most crypto exchanges, Bullish (NYSE:BLSH) primarily caters to institutional clients, offering spot trading, margin trading, and crypto derivatives, targeting the stable and recurring revenue stream that institutional investors provide.