Peter Thiel’s Bullish surges by 20% after green light for U.S. crypto exchange rollout
Bullish stock jumped over 20% on Thursday after finally landing approval to launch its crypto exchange in the United States, according to reporting from Yahoo Finance.
The license—issued by New York’s Department of Financial Services—had been the last major roadblock standing in the way of Bullish’s U.S. expansion. CEO Tom Farley confirmed the approval Wednesday on the company’s first earnings call since going public.
Tom said the company had already received regulatory clearance to operate in many U.S. states but refused to open for business nationally until it got this specific license from New York.
“While we have already had the ability to operate in many states because of our regulatory approval, we refrained from…
