Bull, a digital asset exchange focused on agencies with accumulated trading volumes of over $1.4 trillion, has announced the migration of its core infrastructure to Solana, a high-performance blockchain network known for its low-latency transaction processing and stability ecosystems.
The exchange uses Solana Native Stubline to launch fostering custody, trading, settlement and payment operations, marking one of the most important institutional shifts to blockchain native infrastructure to date.
The announcement was made in collaboration with Solana on Wednesday by Bullish and the Solana Foundation. Movement is called a sign The “Tradfi and Defi continue to converge.”
Solana as a bullish village
Bullish’s decision to integrate with Solana reflects a broader strategy to position himself at the intersection of centralized and decentralized finance. The company, ranked in one of the top five exchanges for Bitcoin and Ether Spot volumes, said it would now prioritize. Solana-Native Stablecoins For all transaction types across the transaction stack.
“We are thrilled to work with the Solana Foundation,” said Tom Farley, CEO of Bullish. In a statement. “We believe Solana has established itself as a rail for next-generation financial infrastructure.
The transition is not symbolic. Bullish leverages Solana to handle replacement operations and future innovations in digital asset product designs.
Part of the bullish group, Coindesk Data tandemly expands coverage of Solana-based tokens and Stablecoins, supporting data infrastructure for increasing intersections of centralized exchange (CEFI) and distributed platforms (DEFI) platforms.
Unlike many exchanges from code origins, bulls place itself straight within the boundaries of regulation. The company holds licenses in Hong Kong, Germany and Gibraltar. It creates one of the few global digital asset venues with clarity of regulations in both Asia and Europe.
The company is also known for operating deterministic liquidity protocols using an automated market maker (AMM) model optimized for facility flow.
With this infrastructure move, bulls will become the most prominent, regulated trading venue for the transition to Solana, further verifying the blockchain’s push to financial infrastructure.
“Solana was built for the moment when performance, scale and real-world adoption comes to an end,” said Lily Liu, president of the Solana Foundation.
In the first quarter of 2025, Brisch reported more than $2.5 billion in average daily volume. The adoption of Solana-based settlements is expected to result in reduced latency, speed of clearance times, and reduced fees for clients trading on stupid or tokenized assets.
Institutional momentum is built around Solana
The partnership follows a series of enterprise integrations with Solana in recent months. Earlier this year, US fintech company Fiserv announced a pilot program to test Solana for real-time cross-border payments. In Europe, R3, a blockchain software consortium backed by major banks, has been chosen. Solana Supports the regulated asset settlement class of tokenized securities.
Bullish’s integration is built on this momentum, accelerating what many analysts are currently describing as structural changes in financial market architecture. “This shows the financial change of institutions towards faster, cheaper and more unified on-chain infrastructure,” Farley added. “By building on Solana’s high-performance network, we aim to simplify the user experience, reduce payment friction, and unlock real efficiency.”
The bullish and Solana integration highlight the convergence of maturation between centralized financial service providers and decentralized architectures envisaged by early blockchain pioneers. It also shows that large, regulated players view public chains as a strategic pillar of their finances rather than experimental.
Due to bullishness, this move solidifies its position as a positive compliance first exchange ready to power institutional access to the blockchain economy. For Solana, another signal is that its core attributes, speed, complexity, and scale resonate with real users beyond the crypto-native circle.
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