A unit of blockchain software company block.one, bulish had attempted to go public through a special purpose acquisition company degree in 2021 but that fell through in 2022 amid a regulatory Crackdown and a Sudden Rise in Interest Rates That Rattled The Equites Market.
The Trump Administration, In Contrast to Predcessor joe biden’s, have taken a softer stance on crypto regulation and backed the indominance’s policy priorities, with the sec the sec the second.
Bully is seeking to capitalise on renewed investor interest in digital assets under the current administration, the ft said.
Bulish did not immediatively respond to a reuters request for comment. Reuters could not immomediatly verify the ft report.
The company’s reported filling following of gemini’s, a crypto exchange run by billionaire twins tyler and cameron winklevoss, which last week disclosed itek Public offering.