$SOL Bullish, the institutionally-focused digital asset exchange with over $1.4 trillion in cumulative trading volume, has announced a migration of its core infrastructure to Solana, the high-performance blockchain network known for its low-latency transaction processing and stablecoin ecosystem.

The exchange will begin powering custody, trading, settlement, and payment operations using Solana-native stablecoins, marking one of the most significant institutional shifts toward blockchain-native infrastructure to date.

The announcement was made jointly by Bullish and the Solana Foundation on Wednesday, with Solana calling the move a sign that “TradFi and DeFi continue to converge.”