TLDR
- Bullish launches site trade in 20 US states, including New York and California.
- The platform has exceeded $ 1.5 trillion in cumulative trade volume.
- Bullish Secured Bitlicense and Money Transmission Licenses from the New York authorities.
- Future plans include expanding to more US states in the coming months.
- Bullish is aimed at institutional customers including hedge funds and fintech companies.
Bullish, the institutional focused cryptop platform, has officially launched site trading in the United States. The platform now supports customers in 20 states, including New York, California, Florida, Washington, DC and Wyoming. This enlargement follows the both of both Biting And money transfer licenses from the New York State Department of Financial Services.
Bullish expands US presence after IPO
The launch of Location trading In the United States, an important milestone marks in Haussearted growth. The platform has ranked among the top 10 cryptout exchanges of bitcoin and Ethereum volume. Since its inception in 2021, Hausse has exceeded $ 1.5 trillion in cumulative trade volume. It plans to continue expanding to more US states in the near future.
Bullish’s expansion comes shortly after the platform was published with its warehouse list on the New York Stock Exchange in August. As a result, the company is now aimed at expanding its services to a wider range of institutional customers. These customers include hedge funds, market manufacturers, fintech companies and ownership.
Institutional support and new features for Haussearted users
Bullish’s US launch benefits from the support of partners as Bitgo and nonco. The platform will meet both institutions and advanced individual traders. According to Chris Tyrer, President of Bullish,
“American institutions deserve better implementation, deeper liquidity and platforms built for the unique demands on their strategies.”
Exchange’s Infrastructure mixes a central Limit Order Book (CLOB) with Automated Market Making (AMM). This combination ensures better liquidity and trading driving, which provides stability for users. American users will also enjoy features such as Zero Maker’s fees for institutional accounts and zero trading fees for individual accounts.
Bullish’s launch contributes to the competitive US market, where Coinbase is a leading regulated exchange. With this extension, Hausse strengthens its position in the institutional trade sector and attracts more advanced traders.
