Bullish and Deutsche Bank join forces 08 October 2025Germany, Hong Kong Reporter: Tahlia Kraefft
Image: AlexGo/stock.adobe.com
Bullish, an institutionally-focused global digital asset platform that delivers market infrastructure and information services, has formed a corporate banking partnership with Deutsche Bank.
The alliance is a move forward in the deeper integration of traditional financial services within the digital asset industry.
Deutsche Bank will give comprehensive corporate banking services to Bullish through the collaboration including: the facilitation of fiat depositions and withdrawals for customers of Bullish Exchange’s Hong Kong SFC, and German BaFin-regulated businesses.
The setup will be enhanced with APIs for real-time reporting, and instant payments along with a virtual accounting offering for improved reconciliation rates.
The collaboration also intends to expand these services to customers in other locations, including the US, as Bullish grows its regulatory footprint.
Bullish, launched in November 2021, carries out over US$2 billion in average daily volume and is in the top ten exchanges by spot volume for Bitcoin and Ether.
The business offers Bullish Exchange, a regulated and institutionally focused digital assets spot and derivatives exchange.
The exchange integrates a high-performance central limit order book matching engine with automated market making to give deep and predictable liquidity.
Chrus Tyrer, president of Bullish Exchange, notes: "Partnering with Deutsche Bank marks a significant milestone for Bullish's banking network and offers greater choice to our customers. We are proud to enhance the security and efficiency of our services by providing customers with seamless on-ramp and off-ramp access to Bullish through Deutsche Bank's fiat payment rails."
Kilian Thalhammer, head of merchant solutions at Deutsche Bank, adds: "We actively seek partnerships with organisations that share our commitment to security, transparency and innovation. Our collaboration with Bullish, a globally recognised leader in regulated virtual asset services, reflects our ambition to act as a Global Hausbank for the emerging digital economy.”
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