Cryptocurrency-exchange operator Bullish, which also owns crypto news and data platform CoinDesk, announced plans to add options trading to its platform, marking a significant step in the company's in... ...

Core Viewpoint - Bullish is set to launch crypto options trading on October 8, 2025, enhancing its ecosystem of crypto derivatives for institutional customers [2][3]. Group 1: Product Offering - The new options trading will complement Bullish's existing products, which include spot, margin, perpetual futures, and dated futures, creating a comprehensive derivatives product suite [2][3]. - Options contracts will be settled in USDC and will utilize Bullish Portfolio Margining (BPM), designed for better risk management and capital efficiency [8][9]. Group 2: Strategic Partnerships - Bullish has collaborated with major options market-makers and trading partners to develop a product that addresses current challenges in crypto options trading [4]. - Confirmed day-one trading partners include notable firms such as Galaxy Digital, Flow Traders, and FalconX, which will enhance liquidity and price discovery in the market [5][6]. Group 3: Market Position and Performance - Since its launch in November 2021, Bullish has achieved over $1.5 trillion in cumulative trading volume and executes over $2 billion in average daily volume in 2025 [10]. - Bullish ranks among the top ten exchanges by spot volume for Bitcoin and Ether, establishing itself as a leading institutionally-focused digital assets exchange [10].