Trade the world.
From India.

BL is being built to bring digital assets, global equities and indices, commodities, and pre-IPO markets into one account.

The instrument and available markets vary: some markets offer spot assets, while others offer derivatives. Check each market’s specifications before trading.

The equity-linked and pre-IPO derivatives shown here give you price exposure, not company shares, shareholder rights or an IPO allocation. A tokenised derivative is a contract on a blockchain linked to an asset’s value.

The OpenAI and Anthropic examples reference implied total company valuation, not an individual share price. An IPO is not guaranteed; each contract has its own pricing and settlement rules. Read the pre-IPO contract mechanics ↗

It lets you trade price movements without buying the underlying asset. Unlike a typical futures contract, a perpetual generally has no fixed expiry.

You can buy if you expect its price to rise, or sell if you expect it to fall. Periodic payments called funding can add to or reduce your costs.

If you use leverage, a relatively small price move can liquidate your position. Specific markets, including pre-IPO contracts, can have settlement conditions.

These are separate markets from the underlying stock exchanges. Supported contracts can continue trading while those exchanges are closed, using the market’s after-hours pricing rules.

Prices can differ from the underlying stock, and liquidity can be thinner outside exchange hours. Market availability and maintenance restrictions apply. How XYZ’s equity markets work ↗

The user experience is INR in and INR out through Indian banking partners.

The planned launch model uses USDC, a US-dollar-linked digital token, for underlying trading collateral. This does not make the underlying markets INR-denominated. Conversion rates, applicable charges and transfer timings will be shown in the funding flow.

BL is being built with Privy’s wallet infrastructure, which uses encrypted key shares and isolated execution environments. Wallet security does not remove trading, provider or network risks.

Hyperliquid provides public trade and order records; the examples above let you inspect that evidence. BL’s own execution-receipt format is still being developed. Privy’s wallet architecture ↗

Launch pricing will be published before trading opens.

The comparison above illustrates price impact under different liquidity conditions, not a measured saving or a quote of BL’s fees. Your total cost can include trading fees, price impact, funding payments and currency conversion.