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Crypto KOL: Block One invests in Bullish, but Bullish doesn't own its bitcoin

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2025-06-15 11:30:45
Crypto KOL Willy Woo posted on the X platform to disclose that, if memory serves, Block One invested in Bullish, the parent company of CoinDesk, to control their own bitcoin custody solution. Block One is now a family office, and the shares of other shareholders have been acquired. Bullish does not own Block One's bitcoin. Bullish has previously filed a secret initial public offering (IPO) application with the US regulator, but the relevant details have not been disclosed at this stage, including the planned IPO time table and the scale of fundraising. According to community users, Bullish holds 164,000 BTC as of 2024.
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