Bullish, a Bitcoin trading platform that also owns CoinDesk, is set to be the next big crypto IPO. It has an impressive list of backers.

(Reuters) -Shares of cryptocurrency exchange operator Bullish were indicated to open nearly 62% above their IPO on Wednesday, signaling growing investor confidence in the sector and boosting prospects for future U.

Bullish increased the size and price of its initial public offering, boosting the potential deal size to $990 million from about $629 million as crypto-related companies look to ride high investor interest.