{"id":53816,"date":"2021-11-30T16:31:26","date_gmt":"2021-11-30T14:31:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53816"},"modified":"2025-09-03T17:05:38","modified_gmt":"2025-09-03T14:05:38","slug":"block-ones-bullish-bitcoin-exchange-launches","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/block-ones-bullish-bitcoin-exchange-launches\/","title":{"rendered":"Block.one&#8217;s Bullish bitcoin exchange launches"},"content":{"rendered":"<p>The Bullish cryptocurrency exchange has begun operations for a limited group of institutional investors. A full launch with access for retail clients is planned at a later date.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\nhttps:\/\/twitter.com\/Bullish\/status\/1465648829093466114\n<\/div>\n<\/figure>\n<p>The platform is operated by the subsidiary of Block.one, the company behind the EOS project. Into Bullish Global&#8217;s capital, <a href=\"https:\/\/forklog.com\/en\/news\/block-one-invested-10bn-in-launching-its-own-bitcoin-exchange\">the firm invested $10 billion<\/a>.<\/p>\n<p>An additional $300 million in funding came from strategic investors, including Thiel Capital and Founders Fund of Peter Thiel, Galaxy Digital, Nomura, billionaire Alan Howard, and others.<\/p>\n<p>According to <a href=\"https:\/\/www.forbes.com\/sites\/robertolsen\/2021\/11\/30\/crypto-exchange-backed-by-peter-thiel-and-richard-li-goes-live-for-institutional-clients\/?sh=2e81fa625db2\">Forbes<\/a>, initially the platform offered support for Bitcoin, Ethereum, EOS, and the USD Coin (USDC) stablecoin. The exchange announced plans to expand asset listings in the future.<\/p>\n<p>To create markets, the exchange allocated $3 billion of its assets to liquidity pools.<\/p>\n<p>Among Bullish&#8217;s first clients are Virtu Financial&#8217;s overseas arm, a New York-based firm, and the Hong Kong cryptocurrency company Amber Group.<\/p>\n<p>The platform&#8217;s infrastructure is built on Block.one&#8217;s open-source EOSIO software.<\/p>\n<p>Earlier, Bullish Global received a licence to provide distributed ledger technology (DLT) services from the Gibraltar Financial Services Commission.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bullish?src=hash&#038;ref_src=twsrc%5Etfw\">#Bullish<\/a> obtains regulatory license from Gibraltar Financial Services Commission. <a href=\"https:\/\/t.co\/4w30x9l9FE\">https:\/\/t.co\/4w30x9l9FE<\/a><\/p>\n<p>\u2014 Bullish (@Bullish) <a href=\"https:\/\/twitter.com\/Bullish\/status\/1458141646437167110?ref_src=twsrc%5Etfw\">November 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Bullish <a href=\"https:\/\/forklog.com\/en\/news\/block-ones-bitcoin-exchange-to-go-public-via-spac-merger\">plans to become a public company<\/a> via a <span data-descr=\"special purpose acquisition company\" class=\"old_tooltip\">SPAC<\/span> Far Peak Acquisition. The value of the combined entity was estimated at around $9 billion.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bullish cryptocurrency exchange has begun operations for a limited group of institutional investors. A full launch with access for retail clients is planned at a later date.<\/p>\n","protected":false},"author":1,"featured_media":53817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1850,1166,817],"class_list":["post-53816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-block-one","tag-centralized-exchanges-cex","tag-eos"],"aioseo_notices":[],"amp_enabled":true,"views":"47","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=53816"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53816\/revisions"}],"predecessor-version":[{"id":53818,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53816\/revisions\/53818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53817"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}