Buldish NYDFS BitLicense Dey Enable U.S. Spot Trading
Bullish US Operations LLC don secure BitLicense and Money Transmission License from New York Department of Financial Services (NYDFS) on September 17, 2025. Dis license allow dem to offer spot trading plus custodial services to institutional and high-net-worth clients for New York, e position Bullish well for growth for one of di toughest crypto markets for di world. CEO Tom Farley talk say New York dey lead for virtual-currency regulation, while President Chris Tyrer yan say clear compliance standards na the key for long-term growth.
Earlier this year, Bullish raise $16 million through non-dilutive IPO and dem don file to list for NYSE under BLSH. For August, dem finish big IPO, raise $1.1 billion and company value don reach $5.4 billion. Shares jump 6% on top dis news and gain further 2% for after-hours trading. Backed by Thiel Capital, Nomura, Founders Fund and Galaxy Digital, plus owner of CoinDesk, Bullish dey try push more institutional adoption of spot trading for US markets.
Bullish
Securing di NYDFS BitLicense na good sign for Bullish business future. For short time, di news make share rally (6% during day, 2% after market), show say market trust am fast. For long run, regulatory approval for New York strict system go open road for more big company to join and more trade volume. Dis better market access and trust fit support steady demand and price rise, confirm say Bullish spot trading service get better future.