Bullish announces market-leading liquidity solutions for XRP spot and margin trading

News
September 14, 2023
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CAYMAN ISLANDS – September 14, 2023 – Bullish, the leading regulated, institutional digital assets exchange, announced today that it will be providing enhanced liquidity to its XRP spot and margin trading markets. The new liquidity offering, available exclusively on the Bullish exchange, positions Bullish as a market-leading institutional trading platform for XRP, offering low-cost execution for XRP spot and margin trading.

By leveraging its proprietary automated market making (AMM) technology and capital-efficient margin system, Bullish, through its dedicated in-house liquidity provider, is able to deliver deep and reliable XRP liquidity to its customers with industry-leading spreads and execution costs. As institutional adoption of XRP as a global settlement currency continues to rise, Bullish solidifies its standing as a market-leading institutional trading platform, delivering cost-effective execution for XRP spot and margin trading.

“Bullish’s proprietary AMM technology, coupled with our rapidly growing institutional customer base, allow us to deliver custom tailored solutions to our partners,” said David Bonanno, Chief Strategy Officer at Bullish. “We look forward to bringing this innovation to the XRP market and sharing the benefits with our customers.” 

Furthermore, the enhanced liquidity driven by this initiative unlocks XRP’s value as collateral within the Bullish product suite. Stay tuned for further updates as Bullish extends its product offering in the coming months and continues to shape the landscape of institutional digital asset trading. 

Since its launch in November 2021, Bullish has quickly earned recognition as a top tier institutional digital assets exchange known for leveraging its proprietary automated market making technology to offer deep liquidity and tight spreads in various market conditions. Regulated by the Gibraltar Financial Services Commission (GFSC) and audited by Deloitte, Bullish leverages the best innovations of AMM technology off-chain to present a unique source of reliable liquidity – all within the compliant and regulated framework of a centralized exchange.

To learn more, email sales@bullish.com.

Media Relations
Bullish
media@bullish.com

About Bullish
With a focus on developing products and services for the institutional digital assets sector, Bullish has rewired the traditional exchange to benefit asset holders, enable traders and increase market transparency. Supported by the group’s well-capitalized treasury, Bullish’s centralized exchange combines a high-performance central limit order book (CLOB) with proprietary automated market making technology to deliver deep liquidity and tight spreads – all within a compliant and regulated framework.

Launched in November 2021, the exchange is available in 45+ select jurisdictions in Asia Pacific, Europe, Africa and Latin America. Bullish exchange is operated by Bullish (GI) Limited and is regulated by the Gibraltar Financial Services Commission (GFSC) (DLT license: FSC1038FSA). For more information on the Bullish exchange, please visit bullish.com and follow X and LinkedIn.

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