Overview

• Both companies announced a corporate banking partnership on October 8 to link Bullish’s exchange operations with traditional payment infrastructure.
• Deutsche Bank will provide fiat deposits and withdrawals, real-time API reporting, instant payments, and virtual accounts to streamline reconciliation.
• The initial rollout serves Bullish customers in Hong Kong and Germany, with both firms planning to extend similar services to the United States.
• Bullish president Chris Tyrer called the deal a milestone for secure fiat access, while Deutsche Bank’s Kilian Thalhammer positioned it within the bank’s Global Hausbank strategy for digital finance.
• Bullish reported $39.6 billion in September trading volume, and early trading around the announcement saw BLSH shares lower while Deutsche Bank stock ticked higher.