Exchanges· ★★★· neutral·

Bullish integrates Bitcoin options with Elwood Technologies for post-trade management

  • —Bullish BTC options trades and market data now flow into Elwood's system for institutional clients
  • —Elwood connects to over 40 venues and holds SOC 2 Type II and ISO 27001 certifications
  • —Bullish launched BTC options trading on October 8, 2025, using European-style USDC-settled contracts
  • —By early 2026, Bullish became the world's number two exchange for Bitcoin options by open interest
Why it matters: The integration lowers operational barriers for institutions by simplifying post-trade tracking, risk and collateral management for Bitcoin options.
Source: Crypto Briefing