Bullish Shares Climb 5% After Securing New York BitLicense Ahead of Earnings

Reported 1 day ago

Shares of Bullish (BLSH) increased by 5% to $53.12 following the acquisition of a BitLicense from New York's Department of Financial Services, allowing it to offer trading and custody services to institutional clients in the state. This approval marks a significant step in Bullish's expansion into the U.S. market, where it aims to rival Coinbase. The news comes on the heels of ARK Invest boosting its stake in the company, and Bullish is set to report its second-quarter earnings soon.

Source: YAHOO

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