Bullish (NYSE: BLSH), an institutionally focused global digital asset platform and exchange, and Ripple are building upon their existing long time partnership. According to a statement from the two firms, the agreement means extending Bullish’s options markets to Ripple Prime users.
On another note, Ripple and OKX have announced a strategic partnership to bring Ripple USD (RLUSD) to eligible markets on OKX.
The company adds that the integration provides Ripple Prime’s institutional customers direct access to Bullish’s regulated BTC options markets said to be the second-largest by open interest for crypto-settled Bitcoin options. This complements existing connectivity to Bullish’s spot, perpetuals, and dated futures.
Stablecoins such as Ripple USD (RLUSD) can be used to trade options on Bullish.
Chris Tyrer, President of Bullish Exchange, said institutional demand is on the rise and superior tools are required.
Ripple Prime is one of the largest global non-bank prime brokers, offering multi-asset brokerage, clearing, and financing services, clearing over $3 trillion in 2025.