Peter Thiel-Backed Bullish Crypto Exchange Secures NYDFS BitLicense, BLSH Stock Rises

BTCC / BTCC Square / Global Cryptocurrency /

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2025-09-17 14:56:02

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Bullish, a cryptocurrency exchange backed by venture capitalist Peter Thiel, has obtained a BitLicense and Money Transmission License from the New York State Department of Financial Services (NYDFS). This regulatory approval allows Bullish to offer crypto spot trading and custody services to institutional and advanced traders in New York, marking a significant expansion of its U.S. operations.

The announcement spurred a 4% rise in BLSH stock during Wednesday's trading session, reflecting investor optimism. CEO Tom Farley emphasized the exchange's commitment to compliance and institutional-grade infrastructure, positioning Bullish as a key player in global digital asset markets.

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