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 👇

🚨NEW: MP James McMurdock has called for Gibraltar to be "reinforced" and for the UK to assist Spain in "reclaiming its borders" after 50,000 immigrants from Morocco storm city of Ceuta in last 24 hours

US congressional committee describes Ceuta, Melilla as « located in Moroccan Territory » / What happened in Ceuta was no accident Look closely. Tens of thousands surge the border in a coordinated wave. Chaos engineered on the Spanish side of the Strait of Gibraltar. And right on cue, the US Congress slips this into a committee report: “The Committee notes that the Spanish-administered cities of Ceuta and Melilla are located in Moroccan territory and remain the subject of Morocco’s longstanding claim. The Committee supports efforts by the Secretary of State to encourage diplomatic engagement between Morocco and Spain on the future status of Ceuta and Melilla.” Coincidence? Please. This was planned. The United States, almost certainly with Israeli fingerprints all over it, is playing the long game. Morocco is already the reliable “Zionist” partner in North Africa—Abraham Accords, military cooperation, intelligence sharing. Hand Ceuta and Melilla over, or at least put their status on the negotiating table under US pressure, and suddenly Washington has a new lever on the Strait of Gibraltar. Think about it. The Strait is one of the world’s most critical chokepoints. Control it—directly or through a compliant Morocco—and you can squeeze Mediterranean shipping, project power into Africa and Europe, and yes, eventually impose tolls or “security fees” on every vessel that passes. Another US-controlled gate, just like they tried in the Middle East, just like they dream of in the South China Sea. Spain is being softened up. Europe is being destabilized with migration waves. The same playbook: create the crisis, then offer the “solution” that advances American (and Israeli) strategic interests. All this was planned. Be informed. Not entertained.

Bullish joins the crypto-rails oil market as a much-needed regulated entrant amid the Strait of Hormuz disruption, now in its 11th week. CoinDesk Research’s April 21, 2026 "Oil, ETFs, and the TradFi Perp Land Grab" reported $42.5B in crypto-rails oil derivatives volume during the prior three weeks and described the primary use case as "institutional hedging against oil price disruption and macro uncertainty." But regulated institutions typically cannot trade on permissionless DEXs and unregulated USDT-margined contracts – both fall outside standard institutional risk frameworks. Meanwhile, news impacting oil prices keeps breaking around the clock: during the April 17-19 weekend, WTI fell approximately 10% inside the 49-hour CME-closed window (Binance CLUSDT via CoinDesk Data). On May 6, Bullish launched its WTI perpetual — CMWTI-USDC-PERP — to address the market gap: → 24/7 continuous trading — never closes when Hormuz news breaks  → WTI front-month exposure — the benchmark index widely tracked by institutional oil market participants → Capital efficiency with portfolio margin, no haircut on the first $1B of USD and most stablecoins, plus 1.5 bps maker rebates. →  Regulated by GFSC (Gibraltar). The largest sustained oil shock on record doesn't observe after-hours or weekends. CMWTI is built for that reality, where regulatory alignment, 24/7 access, and front-month exposure converge. (Disclaimer: Derivatives products are offered exclusively by Bullish (GI) Limited, regulated by the Gibraltar Financial Services Commission. These products are not available to residents of or persons located in Hong Kong, the European Union, or the United States. Institutional clients onboarded with Bullish GI can access derivatives globally.)