Digital Assets Exchange Bullish Integrates with Hidden Road, the Credit Network for Institutions

Bullish, which claims to be one of the “fastest-growing,” regulated digital asset exchanges, announced its integration with Hidden Road, the global credit network for institutions.

The integration provides Hidden Road’s broad institutional customer base “with access to Bullish exchange’s low-cost liquidity and best execution in crypto’s biggest assets across spot, margin, and perpetual futures trading.”

Tom Farley, Bullish CEO said:

“We are delighted to welcome Hidden Road to the Bullish exchange and proud to be a trusted trading partner to their established network of institutional investors. Our integration further demonstrates that Bullish’s regulated, compliant, and secure trading platform provides a clear pathway for institutions to engage with digital assets.”

Hidden Road is said to be recognized “as an innovative, multi-asset prime broker serving a diverse range of institutional investors including hedge funds, proprietary trading desks, and retail brokerages across foreign exchange, futures, swaps, synthetics, and digital assets.”

The integration with Bullish further “enhances its institutional offering in the digital assets ecosystem by unlocking secure, seamless access to the market-leading order book depth and tight spreads offered on the Bullish exchange.”

Michael Higgins, International CEO and Global Head of Business Development at Hidden Road, said:

“Hidden Road’s top priority is to bring our clients capital-efficient access to a variety of products and trusted providers across asset classes. Adding Bullish to our growing roster of partnerships and integrations reaffirms this commitment, and we are pleased to offer our counterparties access to this leading digital asset venue.”

Since its launch in November 2021, Bullish exchange has “surpassed over $585 billion in total trading volume, and in 2024, executes over $1.8 billion in average daily volume – consistently ranking in the top five exchanges by spot volume for Bitcoin and Ether.”

Bullish claims that it “has become a top-tier institutional-focused digital assets exchange, known for leveraging its proprietary automated market making (AMM) technology to offer best execution trading, deep liquidity, and tight spreads in the largest digital asset pairs in crypto.”

Regulated by the Gibraltar Financial Services Commission (GFSC) and audited by Deloitte, Bullish exchange “brings the best innovations of AMM technology off-chain to offer a unique, reliable source of liquidity – all within the compliant and regulated framework of a centralized exchange.”

The integration and trading with Hidden Road is live.



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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Share this graph
Number of Filings131Prior 125 +4.8%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTDYear priorChange
Filings 131 125 +4.8%
Target raise $3.40B $3.54B -3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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