Just in case if you were unaware, recently it was announced that Block-One’s new startup Bullish, plans to go public in a reverse merger on the New York Stock exchange, I'm sure I don't have to tell anyone that's been and the EOS ecosphere for any length of time, how significant this news is. In this video I intend to go over a recent article I read called “Ex-NYSE President Tom Farley’s Spac to merge with Bullish to bring planned crypto exchange public” and give you my opinion on what I believe this could mean for EOS main-net in future, links will be in the video description below, OK now let's get started.
Our era is the era of digitalization, therefore each step that accomplishes this is quite important. It might contradict my previous thoughts, but I believe we need a bridge between our world and the digital world, for the start-up.
On the other hand, I think crypto market area is getting monopolized by Binance. We can all imagine what would happen to crypto world if Binance collapses, that's not healthy at all!
I'm hoping that there will be other enterprises than Bullish. But for now what Bullish promises is great, I think it will both carry out crypto world and EOS one step forward. Hope movements like this will end the monopoly game of Binance.
Thanks for the article, Bullish for the bullish moves!
We read articles about eos almost every day and eos is getting better and better. But I think it has a lack of advertising. he's doing good projects, but he should make ads like sponsorship to promote it to people, I'm sure then its value will increase much more.
Block.one, the developer of EOS, introduced a new company called Bullish Global. A cryptocurrency exchange of the same name is planned to be established later this year.
According to Block.one's announcement, Bullish will be a blockchain-based cryptocurrency exchange. EOS Public Blockchain infrastructure will be used in the project, which is funded with 10 billion dollars.
EOS, a smart contract platform, is up more than 40% in the last 24 hours and is trading at $13.01, according to CoinGecko data. Launched in 2018, EOS has a market of more than $12 billion at the time of writing.
Overview of features in Bullish
There will be tools prepared for automatic market making, lending and portfolio management in the stock market.
They are designed to bring “functionality that was previously monopolized by authorities in the traditional financial industry” to cryptocurrency users.
EOS technology; It will be used to keep track of all transactions on the exchange and to confirm this record.
Block.one made an initial investment of $100 million for Bullish. The Bullish project has an additional 164,000 BTC, 20 million EOS, and $300 million in funding from names like Peter Thiel, Alan Howard, Mike Novogratz.
Peter Thiel has a “strong balance sheet.” Bullish is expected to start serving before the end of this year.
The 45-year-old, best known as the head of the New York Stock Exchange, vividly recalls a conversation with Dan Romero, an early Coinbase employee who connected Coinbase co-founder and Duke alum Fred Ersham.
"So I met Fred and what he did surprised me, and I agreed to put ten million dollars into Coinbase on behalf of the New York Stock Exchange," Farley said in the latest episode of The Scoop. He made this investment in 2013.
Fast forward to 2021: Farley has officially transitioned to full crypto, announcing that he will join EOS-powered crypto exchange Bullish as CEO, following the conclusion of a SPAC deal that will merge the company with Far Peak. His stint on the NYSE.
In this episode of The Scoop, Farley joins Frank Chaparro of The Scoop to discuss the deal, which is expected to be worth $9 billion. Farley will enter a crowded market with well-positioned competitors like Coinbase, which recently went public with a valuation of over $50 billion. Farley explained that Bullish aims to acquire customers with a mixed market structure that borrows from the world of DeFi and the centralized exchange space.
“Tall really hats off to the successful use of liquidity pools and automated market makers and combines them with a CeFi market structure,” Farley said. “And so each pair will not only be supported by the liquidity pool, but we will also accept offers and offers from third parties and allow third parties to cancel offers and offers. So in that respect we will look like a traditional CeFi.”
Farley also unlocks:
Crypto's Journey into the Rabbit Hole
Inside story of how the Far Peak/Bullish deal was executed
Advantages and disadvantages of going public through SPAC
How can SPAC projections be problematic for investors?
Taurus hybrid market structure and the benefits that automated market makers bring to an exchange platform
Eos is a terrific network. There's a lot of wealth in it. The men are working! Both are working fine. It has a lot of wealth, small and large. In my eyes, every change is a wealth.
It's not just a network. It's also valuable as a Coin. I also have some investment. I have hope.
I also see a new deal he makes every day. This also makes me happy. I'm not surprised what I see. A small neighborhood barber can also work for companies like Tesla. That makes him rich.
Thanks for the nice post. I love crypto apologist bot writing. Deal is awesome. THANKS.
Eos continues to improve itself in every field. When he continues like this, I can see that he is the winner of his category. It is really a very dynamic and up-to-date ecosystem. As described in this article 'The age of Taurus has arrived for all EOS holders.'
Great article :)
Our era is the era of digitalization, therefore each step that accomplishes this is quite important. It might contradict my previous thoughts, but I believe we need a bridge between our world and the digital world, for the start-up.
On the other hand, I think crypto market area is getting monopolized by Binance. We can all imagine what would happen to crypto world if Binance collapses, that's not healthy at all!
I'm hoping that there will be other enterprises than Bullish. But for now what Bullish promises is great, I think it will both carry out crypto world and EOS one step forward. Hope movements like this will end the monopoly game of Binance.
Thanks for the article, Bullish for the bullish moves!
We read articles about eos almost every day and eos is getting better and better. But I think it has a lack of advertising. he's doing good projects, but he should make ads like sponsorship to promote it to people, I'm sure then its value will increase much more.
Thank you Crypto Apologist Bot
EOS is working hard to show its true potential to the whole world.
It goes without saying that it is more functional and user-friendly than other networks.
It is constantly updating and renewing itself.
I see EOS reaching its peak in the coming years.
If they continue at this pace, EOS will come to very important positions.
To the top with EOS!
Thanks for the article.
Block.one, the developer of EOS, introduced a new company called Bullish Global. A cryptocurrency exchange of the same name is planned to be established later this year.
According to Block.one's announcement, Bullish will be a blockchain-based cryptocurrency exchange. EOS Public Blockchain infrastructure will be used in the project, which is funded with 10 billion dollars.
EOS, a smart contract platform, is up more than 40% in the last 24 hours and is trading at $13.01, according to CoinGecko data. Launched in 2018, EOS has a market of more than $12 billion at the time of writing.
Overview of features in Bullish
There will be tools prepared for automatic market making, lending and portfolio management in the stock market.
They are designed to bring “functionality that was previously monopolized by authorities in the traditional financial industry” to cryptocurrency users.
EOS technology; It will be used to keep track of all transactions on the exchange and to confirm this record.
Block.one made an initial investment of $100 million for Bullish. The Bullish project has an additional 164,000 BTC, 20 million EOS, and $300 million in funding from names like Peter Thiel, Alan Howard, Mike Novogratz.
Peter Thiel has a “strong balance sheet.” Bullish is expected to start serving before the end of this year.
Tom Farley was early for crypto in many ways.
The 45-year-old, best known as the head of the New York Stock Exchange, vividly recalls a conversation with Dan Romero, an early Coinbase employee who connected Coinbase co-founder and Duke alum Fred Ersham.
"So I met Fred and what he did surprised me, and I agreed to put ten million dollars into Coinbase on behalf of the New York Stock Exchange," Farley said in the latest episode of The Scoop. He made this investment in 2013.
Fast forward to 2021: Farley has officially transitioned to full crypto, announcing that he will join EOS-powered crypto exchange Bullish as CEO, following the conclusion of a SPAC deal that will merge the company with Far Peak. His stint on the NYSE.
In this episode of The Scoop, Farley joins Frank Chaparro of The Scoop to discuss the deal, which is expected to be worth $9 billion. Farley will enter a crowded market with well-positioned competitors like Coinbase, which recently went public with a valuation of over $50 billion. Farley explained that Bullish aims to acquire customers with a mixed market structure that borrows from the world of DeFi and the centralized exchange space.
“Tall really hats off to the successful use of liquidity pools and automated market makers and combines them with a CeFi market structure,” Farley said. “And so each pair will not only be supported by the liquidity pool, but we will also accept offers and offers from third parties and allow third parties to cancel offers and offers. So in that respect we will look like a traditional CeFi.”
Farley also unlocks:
Crypto's Journey into the Rabbit Hole
Inside story of how the Far Peak/Bullish deal was executed
Advantages and disadvantages of going public through SPAC
How can SPAC projections be problematic for investors?
Taurus hybrid market structure and the benefits that automated market makers bring to an exchange platform
Tom Farley is doing is a perfectly sensible move. What Bullish has planned is really exciting. Bullish days await us.
Thanks for the artıcle.
Thanks Cryptobot!
Another great update.
We're ready for "the age of Bullish" !
Eos is a terrific network. There's a lot of wealth in it. The men are working! Both are working fine. It has a lot of wealth, small and large. In my eyes, every change is a wealth.
It's not just a network. It's also valuable as a Coin. I also have some investment. I have hope.
I also see a new deal he makes every day. This also makes me happy. I'm not surprised what I see. A small neighborhood barber can also work for companies like Tesla. That makes him rich.
Thanks for the nice post. I love crypto apologist bot writing. Deal is awesome. THANKS.
Wow this is definitely bullish for EOS (pun very intended LOL)
My knowledge is growing every day. Now I know a lot more about EOS and cryptos. I also learned new terms. EOS is doing and will do great things .
If the author is" crypto Apologist Bot, " I open with excitement.
Thank you very much for putting this information together and providing it to us.
Have a nice day.
Eos continues to improve itself in every field. When he continues like this, I can see that he is the winner of his category. It is really a very dynamic and up-to-date ecosystem. As described in this article 'The age of Taurus has arrived for all EOS holders.'
Thanks for this valuable article.
Digital assets are here to stay and evolve.
More good news from Bullish!
If I was asked which is the most advanced blockchain, I would undoubtedly say EOS.
It adds a new one to itself almost every day and continues in this way.
This will take EOS to the top, whether slow or fast.
But I think people don't pay enough attention EOS deserves a lot of attention and praise.
Working and believing is half the success and EOS enjoys improving itself every day.
The future of EOS looks bright.
Thanks for the article.
Wow seriously another article about EOS is coming every day. I am happy and hopeful that EOS is working so hard. I hope it gets better.
Tom Farley made a clever move. Bullish's promises are a great opportunity for the seriously beautiful EOS.
I love that EOS is always new and updated
Thanks for the article.