Odaily Planet Daily News: According to people familiar with the matter, Bullish, a cryptocurrency trading platform backed by Peter Thiel, will accept subscriptions for its US IPO starting at 16:00 Eastern Time on Monday and is expected to be significantly oversubscribed.

Bullish has reportedly increased the size of its initial public offering (IPO), now targeting a valuation of up to $4.82 billion. The new plan calls for selling 30 million shares at a price between $32 and $33 per share. At the top end of the range, Bullish could raise approximately $990 million, an increase from its earlier plan to sell 20.3 million shares at a price between $28 and $31 per share.