Bullish Global announced it intends to go public on the New York Stock Exchange through a merger with Far Peak Acquisition Corporation (NYSE:FPAC). Bullish is preparing to release a revolutionary, regulated cryptocurrency exchange that offers deep, predictable liquidity with technology that enables retail and institutional investors to generate yield from their digital assets. The business combination of Bullish and Far Peak has a pro forma equity value at signing of approximately $9.0 billion at $10 per share, to be adjusted at transaction closing based on crypto asset prices around that time. The proceeds include net cash in trust of approximately $600 million (assuming no redemptions) and $300 million of committed private investment in public equity ("PIPE") anchored by EFM Asset Management, with participation from funds and accounts managed by BlackRock, Cryptology Asset Group, Galaxy Digital and several other renowned institutional investors. The transaction is expected to close by the end of 2021 and is subject to approval by Far Peak stockholders and other customary closing conditions, including regulatory approvals. The Boards of Directors of both Bullish and Far Peak have unanimously approved the proposed transaction.