BULLISH.COM sold for $1,080,000 last November at Best Web. Today Bloomberg published a piece on how the million dollar domain name will be used.
It will be a crypto exchange. Bullish will offer institutional and retail investors market making, lending and portfolio management services without use of intermediaries like banks.
From the article:
Bullish, as the exchange will be known, is being capitalized by Block.one with about $10 billion in digital assets and cash. That seeding for Bullish Global includes 164,000 Bitcoins valued at around $9.7 billion, $100 million in cash and 20 million EOS tokens, which power Block.one transactions. A funding round raised another $300 million, Block.one said in a statement Tuesday.
You can read the full story on Bloomberg (Tip of the cap to AEProgram)