Bullish, a regulated digital asset exchange, has entered into a partnership with Marex Group to expand institutional access to cryptocurrency markets. The collaboration integrates Bullish’s trading platform with the clearing, risk management, and execution infrastructure provided by Marex.
Bullish focuses on spot and derivative markets for professional traders and firms, trading under the ticker BLSH. The exchange reported significant trading volumes in BTC and ETH throughout 2024, targeting institutional clients rather than retail users.
Marex has established a strong position in the digital asset sector, ranking as a top clearer for CME crypto futures in 2025. During that year, the firm cleared approximately 25 million crypto contracts and facilitated transactions exceeding $400 billion.
This deal follows Marex’s strategy of connecting crypto-native platforms with its traditional financial infrastructure. The company has previously formed partnerships with FalconX for cross-margining, GFO-X for Bitcoin futures options, and the crypto options exchange Deribit.
The partnership aims to simplify workflows for institutional clients by reducing the need for fragmented service providers. By combining Bullish’s spot exchange capabilities with Marex’s clearing services, both companies intend to address the demand for regulated trading environments.
