Bullish, a cryptocurrency exchange backed by tech investor Peter Thiel, has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. The filing comes amid a growing wave of enthusiasm for digital assets, which has been bolstered by the current U.S. administration's commitment to reducing regulations on the crypto industry. Bullish aims to capitalize on this favorable environment as it prepares to enter the public markets. Meanwhile, Meta Platforms, the parent company of Facebook, is reportedly in discussions to acquire a 49% stake in Scale AI for $14 billion, underscoring its strategic focus on artificial intelligence. Bank of America recently raised Meta's price target to $765 from $690, maintaining a Buy rating on the stock.