🔥7.18 EBARA WAVE ARENA OTA🔥 👑ARTIST OF STARDOM championship 【Champion】Ami Sohrei & Hina & Lady C 🆚 【Challenger】Thekla & Julia hart & Skye Blue 🔻 Details & Tickets

"Our mandate from the beginning was to create upside convexity—meaning we have the ability to capture upside but mitigate downside drawdowns." Michael Ashby, CEO/CIO of Algoquant, on the strategy behind Algoquant's institutional crypto book. Convexity is built from optionality, and optionality is capital-intensive. Every dollar locked in margin is a dollar not deployed into the next convex trade. Bullish portfolio margin frees that capital: it recognizes the offset between an option and its delta hedge, cutting initial margin by roughly half on a hedged short position. Listen to the full conversation to hear how Algoquant navigated the 10/10 crypto sell-off 👇 (The speaker's views are their own. Their appearance does not constitute an endorsement of Bullish or its products. Options trading involves significant risk and is not suitable for all investors. Please review Bullish's risk disclosures prior to trading. This is not investment advice.)

Bullish has received Gibraltar Financial Services Commission approval to offer trading in tokenized securities. This approval positions Bullish among the first regulated venues to offer trading in issuer-sponsored tokenized securities. Read more 👇

"In TradFi, options volume often exceeds spot. In crypto, it's 5% of it." Jaewon Yu, CCO at @SignalPlus_Web3 — the platform handling 20–25% of global crypto options volume — on the gap he thinks is about to close fast. Just over six months since launch in October 8, 2025, Bullish options has become #2# globally for BTC options by open interest (The Block) and still growing, with institutional-grade infrastructure and deep liquidity through our global order book. Are your firm positioned for this “tremendous growth”? (Views expressed are those of the speakers and do not represent the views of their organizations. Options trading involves significant risk and is not suitable for all investors. Please review Bullish's risk disclosures prior to trading. This is not investment advice.)

Michael Lie, Global Head of Digital Assets at @Flow_Traders: "Regulatory clarity is what will truly drive institutional adoption." The CLARITY Act cleared Senate Banking on May 14. The largest institutions are making moves. Is your firm positioned for this new era of finance? #Bullish# #InstitutionalCrypto# #MarketStructure# #ClarityAct#

Michael Lie, Global Head of Digital Assets at @FlowTraders, has been trading crypto since 2016. He knows both worlds — TradFi and crypto — and what each should take from the other. Bullish was built at that intersection: crypto-native 24/7 markets and global liquidity on the market infrastructure institutions recognize: fully segregated sub-accounts, scenario-based portfolio margining, graduated margin notifications, and a traditional default waterfall, with multi-jurisdiction regulatory alignment. Listen to Michael on what each world can learn from the other. #Bullish# #InstitutionalCrypto# #MarketStructure#