Although introduced as one of four resolution tools in the European Union’s resolution framework, the bridge institution tool has not received much attention in both literature and legislative discourse. This chapter discusses the use cases of bridge institutions in the past, present and future and argues that operationalizing the bridge institution tool will provide resolution authorities with important optionality in bank failure management. It also depicts the design options in terms of the funding of bridge institutions and explores who can and should own and control them. Sound planning and design of bridge institutions can go a long way toward reducing the risk of losses and protracted exit for resolution authorities.