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Bullish DE obtained licenses for crypto asset custody, proprietary trading, and principal brokerage to position itself for expansion in Europe under the Markets in Crypto-Assets Regulation (MiCA)
The Bullish DE Custody GmbH, Bullish Group's German subsidiary, was granted licenses from Germany’s Federal Financial Supervisory Authority (BaFin) on December 20, 2024 to operate in Germany’s digital asset market
Bullish DE Custody GmbH plans to introduce crypto market services designed for institutional and professional investors in EU
Bullish CEO Tom Farley says BaFin licenses for crypto custody, trading, and brokerage show the firm's commitment to operate under strict regulation

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