Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $37 per share.

Peter Thiel-backed crypto platform and CoinDesk owner Bullish seeks to raise $629 million through a US IPO at a $4.2 billion valuation.

Cayman Islands-based crypto exchange Bullish is seeking to raise up to $629.3M through an initial public offering in the U.S., according to a filing with the Securities and Exchange Commission released on Monday.