Bullish (NYSE: BLSH) secures New York BitLicense, eyeing U.S. launch

Rhea-AI Filing Summary

Bullish submitted a Form 6-K to share a press release announcing that it has secured a New York BitLicense from the New York State Department of Financial Services. This regulatory approval is described as paving the way for the company’s planned U.S. launch. The filing itself is primarily administrative, formally furnishing the press release to investors and regulators.

Positive

• Bullish secures a New York BitLicense from the NYDFS, a key regulatory approval that the company says paves the way for its planned U.S. launch.

Negative

• None.

Insights

Global fintech & regulatory analyst

Bullish reports a key New York BitLicense approval that supports a planned U.S. launch.

Bullish states that it has secured a New York BitLicense from the NYDFS, a significant regulatory requirement for operating certain virtual currency activities in New York. The company characterizes this approval as paving the way for a U.S. launch, suggesting it can now expand its business into a large, highly regulated market.

The BitLicense is often a gating approval for digital asset firms seeking broader U.S. credibility, so obtaining it may strengthen Bullish’s ability to attract institutional and retail users. The filing does not provide financial metrics or launch timing, but it does confirm the regulatory milestone and formally puts investors on notice of this potential expansion step.

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer 

Pursuant to Rule 13a-16 or 15d-16 of 

the Securities Exchange Act of 1934

For the month of September 2025

Commission File No. 001-42797

BULLISH

10A Building A, 60 Nexus Way, Camana Bay,
George Town, Grand Cayman, Cayman Islands, KY1-9005 

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

Furnished as Exhibit 99.1 to this Report on Form 6-K is a press release of Bullish dated September 17, 2025 titled “Bullish secures New York BitLicense from the NYDFS, paving way for U.S. launch”.

INDEX TO EXHIBITS

Exhibit No.	Description
99.1	Press release of Bullish dated September 17, 2025

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	BULLISH
Date: September 17, 2025	By:	/s/ Thomas W. Farley
		Thomas W. Farley
		Chief Executive Officer

FAQ

What did Bullish (BLSH) report in this Form 6-K?

Bullish filed a Form 6-K to furnish a press release stating it has secured a New York BitLicense from the NYDFS, which it describes as paving the way for a U.S. launch.

What is the significance of Bullish obtaining a New York BitLicense?

The New York BitLicense is a key regulatory approval for operating certain virtual currency activities in New York, and Bullish links this milestone to enabling its planned U.S. launch.

Does the Bullish Form 6-K include financial results or earnings data?

No, this Form 6-K is focused on furnishing a press release about Bullish securing a New York BitLicense and does not include financial or earnings data.

What document is attached to Bullish’s Form 6-K as Exhibit 99.1?

Exhibit 99.1 is a press release dated September 17, 2025, titled “Bullish secures New York BitLicense from the NYDFS, paving way for U.S. launch”.

Who signed Bullish’s Form 6-K?

The Form 6-K was signed on behalf of Bullish by Thomas W. Farley, the company’s Chief Executive Officer.

Does the filing specify when Bullish will launch in the U.S.?

The content indicates that the BitLicense paves the way for a U.S. launch but does not state a specific launch date.