Backed by Peter Thiel, Bullish has gone public, pushing the firm's market cap over $5.4B. What is Bullish Exchange, and what does the exchange stand for? Explore the world of digital assets on Bullish, featuring cryptocurrency options for trading, including Bitcoin, Ethereum, and more. Backed by Peter Thiel, Bullish has gone public, pushing the firm's market cap over $5.4B. What is Bullish Exchange, and what does the exchange stand for? Bullish is typically a positive market performance, while bearish is the opposite. Recognizing the difference between bullish and bearish markets is essential for investors aiming to navigate the complexities of stock trading, as it influences strategies and risk management.