Bullish Teams Up With Deutsche Bank to Strengthen Fiat Access for Crypto Traders

Fintech

Bullish Teams Up With Deutsche Bank to Strengthen Fiat Access for Crypto Traders

Digital asset exchange Bullish has secured a major banking partnership with Deutsche Bank, marking a significant step in bridging institutional crypto markets with the global financial system.

The collaboration, announced on October 8, will enable Bullish to expand its fiat infrastructure across key regulated jurisdictions, including Hong Kong and Germany, where it already operates under licenses from the Securities and Futures Commission (SFC) and BaFin respectively.

Integrating Traditional Banking Into Crypto Markets

Under the new arrangement, Deutsche Bank will provide corporate banking and payment services to Bullish, supporting fiat deposits, withdrawals, and real-time settlements for exchange customers. The integration will use API-based reporting tools and instant payment capabilities to improve efficiency, while a virtual account system will simplify reconciliation and enhance transparency.

Executives from both companies said the partnership reflects a shared commitment to building a more connected and compliant digital asset ecosystem.

“Partnering with Deutsche Bank represents a major milestone in expanding Bullish’s global banking network,” said Chris Tyrer, President of Bullish Exchange. “It gives our users faster, more secure access to our platform and ensures frictionless movement between fiat and crypto markets.”

Deutsche Bank’s Head of Merchant Solutions, Kilian Thalhammer, added that the alliance aligns with the bank’s vision to play a leading role in the digital finance transformation. “Our collaboration with Bullish demonstrates our ambition to act as a Global Hausbank for the emerging digital economy,” he said.

Expansion Beyond Europe and Asia

While the partnership will initially focus on Bullish’s regulated businesses in Hong Kong and Germany, both parties confirmed plans to extend fiat services to additional markets, including the United States, as the exchange broadens its regulatory presence worldwide.

The initiative also reinforces Bullish’s reputation as one of the most trusted exchanges for institutional clients. Since launching in November 2021, the platform has recorded over $1.5 trillion in cumulative trading volume and currently averages $2 billion in daily transactions, ranking among the top ten global spot exchanges for Bitcoin and Ether.

Building an Institutional Standard

Bullish has distinguished itself by offering deep, automated liquidity and a focus on regulatory compliance. The company holds licenses from multiple financial authorities, including New York’s Department of Financial Services, Germany’s BaFin, Hong Kong’s SFC, and the Gibraltar Financial Services Commission.

With Deutsche Bank’s backing, Bullish aims to further integrate traditional banking reliability into crypto’s infrastructure, providing institutions with the same level of operational assurance they expect from legacy finance.

As global markets continue to converge, the partnership between one of Europe’s oldest banks and one of crypto’s fastest-growing exchanges could signal a broader trend—the institutional fusion of fiat and digital economies.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/bullish-teams-up-with-deutsche-bank-to-strengthen-fiat-access-for-crypto-traders/