Bullish Expands U.S. Presence with New York BitLicense
Bullish, a global digital asset platform for institutions, announced that its U.S. arm, Bullish US Operations LLC, has secured a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS).
The approval allows Bullish to provide digital asset trading and custody services to institutions and advanced traders in New York. This milestone strengthens Bullish’s regulatory footprint and reinforces its position as a trusted player in institutional-grade crypto infrastructure.
Tom Farley, CEO of Bullish, stated, “New York remains a global leader in virtual currency regulation. Receiving our BitLicense demonstrates Bullish’s commitment to compliance and building a reliable infrastructure. As a former President of the New York Stock Exchange and a proud New Yorker, I look forward to Bullish contributing to the city’s dynamic financial ecosystem.”
Strengthening Institutional Crypto Market Access
Chris Tyrer, President of Bullish Exchange, emphasized the significance of the achievement. “Securing the New York BitLicense is a key milestone for our U.S. growth. It also proves our credibility to operate in the financial capital of the world. We believe clear regulation drives responsible innovation and boosts institutional engagement. We are eager to offer New York’s institutions and advanced traders regulated, high-performance digital asset services.”
This development highlights the rising demand for regulated digital asset services and positions Bullish as a leader in the U.S. institutional crypto market. With regulatory clarity increasing, the company aims to expand access to secure, compliant, and efficient trading infrastructure across global markets.
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News Source: Prnewswire.com