June 15, 2021

Block.one will launch an EOS-based crypto exchange

Block.one will launch an EOS-based crypto exchange

EOS developer announced the launch of a cryptocurrency exchange called Bullish Global. The platform will run on EOS blockchain.

Bullish will launch before the end of the year. Block.one has already raised over $ 10 billion in capital for the project. The main investors were Peter Thiel, Mike Novogratz, Alan Howard and Louis Bacon.

The lion's share of funds was allocated by Block.one itself - 164,000 bitcoins worth about $ 9 billion and 20 million EOS.

According to the announcement, Bullish Global will combine a centralized and decentralized architecture and provide automated trading and credit services.

Amid the news, EOS soared 40% in a few hours, setting a high above $ 14.

Block.one will launch an EOS-based crypto exchange

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