BLSH secures regulatory approval to offer tokenized securities to non-U.S. investors under Gibraltar’s framework.
Bullish, a digital asset exchange, received approval from the Gibraltar Financial Services Commission to trade tokenized securities. The license permits the firm to offer issuer-sponsored tokenized securities to eligible non-U.S. investors, aligning with Gibraltar’s regulatory standards.
The approval follows Gibraltar’s efforts to establish a clear legal framework for digital assets, positioning the territory as a hub for blockchain-based financial products. Bullish, listed on the NYSE under the ticker BLSH, did not disclose a timeline for launching the new offerings.
No immediate market reaction was reported following the announcement.