Bullish has integrated its Bitcoin options trading business with the Elwood Technologies platform. This connection allows institutional clients to automatically stream trade records and market data directly into Elwood’s system for post-trade management, including risk analysis and portfolio tracking.

Elwood Technologies provides a modular system for digital asset firms that covers execution, risk, and collateral management. The platform features an API-first architecture and connects to more than 40 trading venues. It maintains SOC 2 Type II and ISO 27001 security certifications.

Bullish launched its Bitcoin options trading on or around October 8, 2025. The initial product offering consists of European-style contracts settled in USDC. By early 2026, the exchange reached the second position globally for Bitcoin options by open interest.

The exchange has previously expanded its data distribution by integrating with platforms such as The Block and Laevitas in April 2026. These services allow analysts and traders to monitor order books, volume, and open interest data for derivatives.