(What Is Bullish)
Launched in November 2021, Bullish’s blockchain-based cryptocurrency trading platform has been designed as a regulated, externally verifiable exchange, operating a high performance central-limit-order-book matching engine combined with DeFi-derived Liquidity Pools to enable automated market-making capabilities and yield earning opportunities. An evolution from the traditional exchange, Bullish’s proprietary Hybrid Order Book (HOB) pairs the high-performance of a traditional Central Limit Order Book (CLOB) with Automated Market Making (AMM) — a protocol that uses a mathematical algorithm to facilitate prices in a transparent, market-neutral, and deterministic manner. The HOB is underpinned by Bullish Liquidity Pools (BLP) for each trading pair and is intended to reward asset holders whilst providing liquidity to the asset pairs the exchange offers for trading. BLP offers clients the ability to manage balanced portfolios while earning passive yields at scale across highly variable market conditions.
(What pairs does Bullish offer)
Bullish currently offers BTC, ETH, EOS and USDC, and intends to broaden its digital asset offerings in the future, subject to applicable regulatory requirements, based on customer demand.
(How has Bullish performed)
To date Bullish has processed more than USD $10billion in transactions and is available in 40+ jurisdictions globally.
Bullish is seeking to go public on the New York Stock Exchange through a merger with special purpose acquisition company Far Peak Acquisition Corp (NYSE: FPAC), a special purpose acquisition company, The Bullish leadership team comprises financial services, blockchain and technology experts and, following a business combination with FPAC, Bullish will be led by Chief Executive Officer (CEO), Thomas W. Farley, FPAC’s Chairman and CEO and the former President of the New York Stock Exchange.
A majority owned subsidiary of blockchain software company Block.one, Bullish has operating subsidiaries in Gibraltar, the Cayman Islands, the United States, Hong Kong and Singapore.
(Is Bullish regulated) Bullish offers an institutional-caliber regulatory compliance framework, licensed and regulated by the Gibraltar Financial Services Commission’s Distributed Ledger Technology Regulatory Framework (DLT license: FSC1038FSA). Bullish (GI) Limited is a company incorporated and registered in Gibraltar (Company number: 119714) with its registered address at c/o Fiduciary Management Limited, Portland House, Glacis Road, Gibraltar GX11 1AA. Bullish is also registered as a Money Service Business with the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”).
(How is Bullish secured?) Bullish offers a layered custody solution that combines offline cold storage utilizing complex, multi-sig, white-list only transfer processes with self-managed hot wallets. Bullish reduces risk concentration utilizing multiple segregated wallets; and is designed so that sensitive and critical custody components and asset-based operations are cryptographically verified, signed and attested.
Bullish leverages a private blockchain in order to integrate the strategic advantages of blockchain’s inherent capabilities into the platform design, and achieve a new degree of security, transparency, and resiliency. Combined with WebAuthn standards, which eliminate many security vulnerabilities inherent with passwords by using public key cryptography, users will experience a password-free authentication environment, creating a more secure onboarding process and ongoing account access.
Related Pages: Bullish.com Exchange.bullish.com Investor.bullish.com