Crypto exchange Bullish has increased its initial public offering (IPO) size to $990 million, up from the previously planned $629 million, as it seeks to leverage favorable market conditions. A recent SEC filing indicates Bullish plans to sell 30 million shares priced between $32 and $33, potentially valuing the company at $4.8 billion. This follows an earlier filing on August 4, which proposed selling 20.3 million shares at $28 to $31, with a $4.2 billion valuation. The expansion of Bullish's IPO comes amid a thriving market for crypto companies, driven by a clearer regulatory environment and heightened investor interest. Notably, BlackRock and Ark Investment Management have expressed interest in purchasing $200 million worth of shares at the IPO price, underscoring the strong demand for crypto-related investments.