Press Releases May 7, 2026 04:15 PM

Bullish files applications with the CFTC for DCM and DCO registration

Bullish submits applications to CFTC for key DCM and DCO regulatory registrations, advancing its position in the regulated digital asset derivatives market.

By Ajmal Hussain BLSH

Bullish, a US-listed digital asset platform and parent company of CoinDesk, announced that it has filed applications with the U.S. Commodity Futures Trading Commission to become a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). These registrations are crucial for Bullish to expand its trading and clearing services in digital asset derivatives under regulatory supervision, signaling growth and increased institutional adoption potential.

Bullish files applications with the CFTC for DCM and DCO registration
BLSH

Key Points

  • Bullish filed applications with the CFTC for designation as a Designated Contract Market (DCM) and registration as a Derivatives Clearing Organization (DCO).
  • These registrations would allow Bullish to offer regulated trading and clearing services for digital asset derivatives, enhancing its market infrastructure offerings.
  • Bullish is also the parent company of CoinDesk, a major digital asset news and data provider, contributing to its comprehensive ecosystem in digital assets.

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), an institutionally focused global digital asset platform providing market infrastructure and information services, through its subsidiaries, today announced that it has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) for designation as a Designated Contract Market (DCM) and for registration as a Derivatives Clearing Organization (DCO).

The applications have been submitted to CFTC staff and are now part of the agency's standard review process.

"We are pleased to have submitted our DCM and DCO applications and look forward to engaging with the CFTC staff throughout the review," said Chris Tyrer, President of Bullish Exchange.

About Bullish:

Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. This includes Bullish Exchange – an institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish Europe is regulated under MiCAR as a crypto asset service provider offering spot trading and custody services for digital assets.

Bullish is the parent company of CoinDesk, a leading provider of digital asset media and information services. CoinDesk's offerings include: CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries; CoinDesk Data – a broad suite of digital asset market data and analytics, providing real-time insights into prices, trends and market dynamics; and CoinDesk Insights – a digital asset media and events provider and operator of coindesk.com, a digital media platform that covers news and insights about digital assets, the underlying markets, policy and blockchain technology. For more information, please visit bullish.com and follow LinkedIn and X.

Use Of Websites to Distribute Material Company Information:

We use the Bullish Investor Relations website (investors.bullish.com) and our X account (x.com/bullish) to publicize information relevant to investors, including information that may be deemed material, in addition to filings we make with the U.S. Securities and Exchange Commission (SEC) and press releases. We encourage investors to regularly review the information posted on our website and X account in addition to our SEC filings and press releases to be informed of the latest developments.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Sentences containing words such as “believe,” “intend,” “plan,” “may,” “expect,” “should,” “could,” “anticipate,” “estimate,” “predict,” “project,” or their negatives, or other similar expressions of a future or forward-looking nature generally should be considered forward-looking statements and include, without limitation, statements relating to future events or Bullish’s future financial or operating performance, business strategy, and potential market opportunity. Such forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Bullish, are inherently uncertain and are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited, to our ability to grow our business and operations, including in new geographic locations, the costs or expenditures associated therewith, competition in our industry, and the evolving rules and regulations applicable to digital assets and our industry. You should not place undue reliance on any such forward-looking statements, which speak only as of the date they are made, and Bullish undertakes no duty to update these forward-looking statements.

Media Contact
Bullish: [email protected]


Risks

  • The applications are subject to the CFTC's standard review process and may face delays or rejections that could impact Bullish's expansion plans.
  • Regulatory changes or evolving rules for digital assets could affect Bullish's operations and potential market opportunities.
  • Competition in the digital asset exchange and derivatives market remains intense, which may challenge Bullish's growth and profitability.

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