Bullish partners with Deutsche Bank for institutional fiat access
Bullish, a digital asset platform focused on institutions, has partnered with Deutsche Bank to enhance fiat banking integration for its global exchange clients. This alliance will enable Deutsche Bank to offer corporate banking services, including real-time fiat deposits, withdrawals, and reconciliation tools, benefiting Bullish's operations, which are regulated by the Hong Kong Securities and Futures Commission and Germany's BaFin. The integration utilizes APIs for instant payments and improved reporting, catering to the increasing institutional demand for secure and compliant crypto-fiat operations. Bullish President Chris Tyrer noted that this partnership strengthens the company's banking network and enhances on- and off-ramp access for clients. Deutsche Bank's Head of Merchant Solutions, Kilian Thalhammer, views this collaboration as part of the bank's strategy to serve as a 'Global Hausbank' for digital finance, emphasizing the importance of security and transparency. Since its launch in 2021, Bullish has processed over $1.5 trillion in volume and is ranked among the top ten global exchanges for spot trading in Bitcoin and Ether, making it a key player in bridging traditional and digital finance.
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