Bullish (BLSH) Launches U.S. Spot Crypto Trading Following NYDFS Approval

Bullish (BLSH) has officially launched spot trading in the United States after receiving both a BitLicense and a money transmission license from the New York State Department of Financial Services (NYDFS). The platform, now operating in 20 U.S. states, including California and New York, aims to cater primarily to institutional clients, offering a hybrid trading model to improve liquidity and trade execution. Since its inception in 2021, Bullish has processed over $1.5 trillion in global trading volume and went public on the NYSE in August with shares trading significantly higher than its IPO price. The launch aligns with a growing institutional appetite for cryptocurrencies, bolstered by clearer regulatory frameworks. Chris Tyrer, president of Bullish Exchange, noted the platform's intention to deliver institutional-grade performance to traders. Bullish is set to expand further, emphasizing full-reserve custody standards to promote compliance and safety for institutional crypto adoption.

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