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Bullish (NYSE: BLSH), an institutionally focused global digital asset platform and exchange, said it is extending its long-standing partnership with Ripple. The firms stated that the agreement will expand Bullish’s options markets to Ripple Prime users.
Ripple Prime users will gain access to Bullish’s regulated BTC options markets, which the company described as the second-largest by open interest for crypto-settled Bitcoin options. The update complements existing connectivity between the platforms, including Bullish spot, perpetuals, and dated futures.
The firms also said stablecoins such as Ripple USD (RLUSD) can be used to trade options on Bullish.
Separately, Ripple and OKX announced a strategic partnership aimed at bringing Ripple USD (RLUSD) to eligible markets on OKX. The integration is intended to provide Ripple Prime’s institutional customers direct access to Bullish’s regulated BTC options markets.
Chris Tyrer, President of Bullish Exchange, said institutional demand is increasing and that “superior tools are required.”
Bullish also noted that Ripple Prime is one of the largest global non-bank prime brokers, providing multi-asset brokerage, clearing, and financing services, and that it cleared over $3 trillion in 2025.

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