The crypto exchange Bullish filed the parameters of its IPO, planning to raise $629M for a $4.2B valuation. The company's IPO price will range between $28 and $31, with purchase agreements with underwriters and early backers.

Key Takeaways Cryptocurrency exchange Bullish plans an initial public offering, targeting a valuation of more than $4 billion.The company backed by billionaire Peter Thiel expects to sell 2.3 million shares at $28 to $31 each.