- Tom Farley's Far Peak Acquisition Corp. announced a deal Friday to bring crypto start-up Bullish public.
- Farley's Far Peak Acquisition Corp. SPAC was up more than 2% in late-morning trading on the news.
- Backed by venture capitalist Peter Thiel, Bullish plans to launch a cryptocurrency exchange later this year.
- Farley, formerly the New York Stock Exchange president, will serve as CEO of Bullish when the deal closes.