Peter Thiel-Backed Exchange Bullish Begins Pilot Program
27 Jul, 2021•1 min read•Other
Bullish, the crypto exchange subsidiary of Block.one backed by Peter Thiel, Galaxy Digital and others, is to begin a seven-week pilot program.
The pilot will use simulated crypto assets and paper money to give invited investors a sample of Bullish's trading interface, an announcement Tuesday said. Bullish is offering $525,000 in cash prizes to three participants who compete in simulated crypto trading games. The program starts today and will last until Sept. 13. Bullish was unveiled in May with more than $10 billion backing in cash and digital assets and is set for a public listing by the end of the year with special purpose acquisition company Far Peak Acquisition. It received a further $75 million earlier this month from SB Northstar, the investment arm of SoftBank.