Peter Thiel-supported Crypto Exchange Bulish has received licensing approval for Hong Kong’s hand from Hong Kong Securities and Futures Commission.
The Cryptocurrency Exchange, supported by Bulish Global, Peter Theal, has obtained two licenses for its Hong Kong Arm, which allowed the approval to run a virtual asset trading platform in the city and allowed to deal with securities and offer automatic trading Is.
In February 19 Blog announcementThe exchange stated that approval allows it to provide regulated digital asset services to eligible customers in Hong Kong.
Bulish Chief Executive Tom Farley says the license “serves as a half -heartedness to the dedication of bulish to continue our commitment to expand our global footprints and to be the most reliable digital asset exchange.” Bulish HK will begin by serving institutional and professional investors. Licensing follows the regulator approval of bullish in Europe, including a license of Germany’s Buffin.
Meanwhile, Bulish Global appears to be geared up for an IPO as the American market is again heated to crypto. The Crypto firm is said to be working in 2025 and is allegedly working with the Jeffers Financial Group on a possible listing. However, the dialogue is still ongoing and subject to change.
Brandon Bloomor’s block launched a bullish in 2021, with the exchange of exchanges with $ 10 billion in funding. Its capital includes both cash and crypto, which begin with the initial injections of $ 100 million, 164,000 BTC and 20 million EOS. Bulish later raised an additional $ 300 million through a strategic investment round.
