Transaction · Crypto / Digital Assets · 2021

Far Peak Acquisition / Bullish 2021

Far Peak Acquisition Corp acquired Bullish for $9.0B on July 1, 2021.

Target
Bullish
Acquirer
Far Peak Acquisition Corp
Deal value
$9.0B
Announced
July 1, 2021
Sub-sector
Crypto / Digital Assets

Transaction overview

  • Far Peak Acquisition Corp announced the acquisition of Bullish on July 1, 2021 for $9.0B.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Launch regulated institutional crypto exchange combining centralized order books with decentralized finance protocols and deep liquidity pools for VIP investors.

Deal terms & multiples

Deal value
$9.0B
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
July 1, 2021
Acquirer
Far Peak Acquisition Corp (Strategic)

Frequently asked questions

How much did Far Peak Acquisition Corp pay for Bullish?

Far Peak Acquisition Corp acquired Bullish for $9.0B, announced on July 1, 2021.

When did Far Peak Acquisition Corp announce the acquisition of Bullish?

Far Peak Acquisition Corp announced the acquisition of Bullish on July 1, 2021.

What sub-sector is Bullish in?

Bullish is tracked in the Crypto / Digital Assets sub-sector.

Sources

  • tokenist.com /how-it-works-thiel-backed-crypto-exchange-for-whales-is-live/