Follow us on or join ours

Hybrid Bullish Exchange gave the green light to institutional clients. A few weeks earlier, she had received from Gibraltar Financial Services Commission (GFSC) license Distributed Ledger Technology (DLT). Soon, the platform will also be available to retail customers.

Distributed Ledger Technology license and new opportunities

A few weeks ago, Bullish Exchange, which has more than $ 9 billion in liquidity, obtained a Distributed Ledger Technology (DLT) license from the Gibraltar Financial Services Commission (GFSC).

In this way, it was able to provide services related to trading cryptocurrency. This event preceded the opening of this hybrid exchange to institutional clients.

According to the official announcement, Bullish Exchange will start with three pots (Bitcoin, Ethereum i EOS) worth $ 1 billion each. Thus, the stock exchange gains an advantage over decentralized players, from which institutional investors rather try to avoid due to the lack of appropriate regulations.

New stock exchange infrastructure

Companies such as Virtu Financial and amber group. Thanks to the platform, they will be able to offer a wider range of services to institutional clients.

Bullish Director, Brendan Blumer, argues in turn that the stock exchange is the culmination of efforts aimed at creating a secure, regulated infrastructure for trading digital assets. At the moment, Bullish Exchange does not support retail clients yet, but as announced, they will soon be able to join the group of users.

Blockchain EOS

In the case of Bullish Exchange, transactions and confirmations of individual orders will be recorded on blockchainie EOS. Currently it is used by, among others also the Pomelo crowdfunding platform, which has already completed over 70 projects.

This technology also caught the attention of Brock Pierce, a candidate for the US Senate, and the Venezuelan government.

5 / 5 - (6 votes) is a cryptocurrency site run by a crypto team of enthusiasts. The main area of ​​our interest are cryptocurrencies, tokens, personal tokens as well as blockchain technology. On the pages of our website we will present independent cryptocurrency reviews and interesting articles from the market. In addition, we present the current rates of all critics. The site also has a multi-functional cryptocurrency calculator as well as traditional currencies.

The information published on the cryptocurrency website are not financial recommendations and do not constitute investment recommendations within the meaning of the Regulation of the Minister of Finance of 19 October 2005 on information being recommendations regarding financial instruments, their issuers or issuers (Journal of Laws of 2005, No. 206, item 1715). The information published on the pages of the portal does not constitute an offer. is not responsible for any decisions taken under the influence of data presented on the Website. Portal does not bear any responsibility for the possible use of information on the website.

Investments in OTC market instruments, including currency exchange rate (CFD) contracts, due to the use of the leverage mechanism, entail the possibility of incurring losses exceeding the value of the deposit. It is not possible to make a profit on transactions on OTC instruments, including currency exchange contracts (CFDs) without risking a loss, therefore contracts for exchange differences (CFDs) may not be suitable for all investors.

© Copyright 2019

My Newsletter

Sign Up For Updates & Newsletters