Bullish and Immersive Finance integrate to enhance institutional-grade risk management for crypto options trading

December 2, 2025 – Bullish (NYSE: BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced its integration with Immersive Finance, a premier provider of institutional-grade risk and portfolio analytics.

The integration enables mutual institutional and professional customers to seamlessly connect their trading activity on Bullish with Immersive Finance’s institutional-grade tools to monitor, manage, and optimize their complex options and derivatives portfolios. The partnership quickly follows Bullish’s launch of crypto options trading with a top-tier consortium of trading partners, which has already surpassed $2B in total trading volume.

“Our options product launch has been met with strong institutional demand and we are proud to partner with Immersive Finance to further support its rollout,” said Chris Tyrer, President of Bullish Exchange. “By pairing Bullish’s regulated, capital-efficient venue with Immersive Finance’s institutional-grade risk infrastructure, we deliver a compelling solution for customers to make informed decisions and seize opportunities across their entire derivatives portfolio.”

“We are proud to integrate with Bullish, further supporting the successful rollout of their options product launch”, said Katia Babbar, CEO and Co-Founder of Immersive Finance. “As the digital asset market for options and structured products expands, institutions are seeking greater transparency, sophisticated analytics, and advanced risk management tools to best monitor their consolidated trading positions across multiple-venues and OTC activities”.

By combining Immersive Finance’s offering with Bullish’s ecosystem of crypto derivatives, traders can make faster, more informed decisions, gaining access to:

• Real-time risk analytics, detailed P&L attribution, and portfolio sensitivities.
• A unified risk view for positions and exposures.
• Back-testing tools to help the successful implementation of systematic options strategies.

To mark the integration and support the launch of Bullish’s Professional Trading Competition, Immersive Finance is offering options trading teams a one-month privileged access to their suite of enterprise-grade tools and analytics.

The integration is live and available to current Bullish and Immersive Finance customers. To learn more, contact sales@bullish.com and info@immersive-finance.com.

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Media contacts

Bullish: media@bullish.com 

Immersive Finance: info@immersive-finance.com 

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About Bullish

Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. These include: Bullish Exchange – an institutionally focused digital assets spot and derivatives exchange, integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions in the digital assets and traditional finance industries. CoinDesk Data – a broad suite of digital assets market data and analytics, providing real-time insights into prices, trends, and market dynamics. CoinDesk Insights – a digital asset media and events provider and operator of coindesk.com, a digital media platform that covers news and insights about digital assets, the underlying markets, policy, and blockchain technology.

For more information, please visit bullish.com and follow LinkedIn and X.

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About Immersive Finance

Immersive Finance is a trusted partner for institutional clients seeking to generate alpha in Digital Assets, delivering an enterprise-grade risk management infrastructure, built with the depth, sophistication, and precision required by leading market participants. Our team brings decades of experience from tier-1 buy-side and sell-side institutions, combining trading expertise, quantitative research, and advanced technology innovation to empower trading desks, systematic funds, asset managers, and control functions to operate and scale with confidence. Immersive Finance’s solutions have successfully supported digital asset derivatives businesses since 2022.

For more information, please visit immersive-finance.com and follow LinkedIn.

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‍Forward-Looking Statements

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