Former NYSE President Helping Bitcoin Exchange Bullish Go Public
Bullish plans to go public in a reverse merger backed by former New York Stock Exchange president, Tom Farley.The former New York Stock Exchange president, Tom Farley’s, Far Peak Acquisition Corporation announced a deal today to bring the Bitcoin exchange Bullish public, according to CNBC.Tom Farley will be the CEO of the exchange when this is complete and the deal is expected to close by end of year. Farley was the president of NYSE for four years from 2014 2018.Far Peak Acquisition Corporation will be giving Bullish around $600 million in proceeds and they’ll receive an additional $300....
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Crypto startup Bullish has announced its plan to go public on the NYSE as it gets ready to launch a cryptocurrency exchange. The Bullish exchange aims to be a “revolutionary, regulated cryptocurrency exchange that offers deep, predictable liquidity for investors to generate yield from their digital assets.” Bullish to List on NYSE Bullish announced its plan to go public on the New York Stock Exchange (NYSE) Friday through a merger with Far Peak Acquisition Corporation (NYSE: FPAC). Far Peak is a special purpose acquisition company (SPAC). Bullish, which debuted in May,....
On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s “an accepted form of currency.” Far Peak CEO Says Bitcoin Will Go Up, But May Not Beat Gold Thomas Farley spoke about bitcoin (BTC) on Wednesday following the digital asset’s rebound from the $28,600 low on June 22. Farley....
The New York Stock Exchange (NYSE) has today announced the launch of a bitcoin price index (NYXBT). NYXBT will represent the daily US dollar value of one bitcoin at 4pm (BST) and will be published on the NYSE Global Index Feed (GIF). For a limited period it will also be viewable on the NYSE's website. Thomas Farley, NYSE group president, said in a statement: "Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class." He added: "As a global index leader and administrator of ICE LIBOR,....
Thomas Farley said traditional Wall Street banks made the Coinbase stock listing and innovations in crypto possible by largely ignoring the industry. Thomas Farley, president of the New York Stock Exchange, said the world of finance was "past the point of no return" on crypto following Coinbase's public listing last week.In an interview with CNBC’s Squawk Box on Thursday, Farley said he was excited to talk about developments in the crypto space such as Coinbase’s COIN listing on stock exchanges and decentralized finance, or DeFi. The New York Stock Exchange president said he had invested....
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