Thiel-Backed Crypto Exchange Launches Trading for Institutions
Crypto exchange Bullish said it’s started trading for institutional clients and eventually plans to expand retail operations.
The company, founded by Block.One, a software company backed by Peter Thiel and hedge fund managers Alan Howard and Louis Bacon, will offer trading on Bitcoin, Ether, Eos and USDC. The platform isn’t available in the U.S. yet, but will be open in other countries including the U.K., Germany and Brazil.
Bullish said seperately that it’s still planning to go public via a merger with special-purpose acquisition company Far Peak Acquisition Corp. The deal is expected to close before March 2022, the company said.
©2021 Bloomberg L.P.