People familiar with the matter: Crypto exchange Bullish in merger talks with SPAC firm Far Peak

Bloomberg news, cryptocurrency exchange Bullish is in merger talks with special purpose acquisition company (SPAC) Far Peak, valuing Bullish at perhaps $12 billion, according to people familiar with the matter. The people familiar with the matter said the talks are still ongoing and it is not certain whether a deal will be reached. In previous news, Block.one launched Bullish, a crypto exchange with $10 billion in digital assets and liquidity, in May of this year.

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