Bullish has connected its Bitcoin options business to Elwood Technologies’ institutional platform, enabling clients to view their BTC options positions alongside their broader portfolio. The exchange launched BTC options on October 8, 2025 and became the second largest Bitcoin options exchange globally by open interest by early 2026. The contracts offered are European-style and settled in USDC. Elwood’s platform connects to over 40 venues and holds SOC 2 Type II and ISO 27001 certifications, meeting institutional compliance requirements.
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