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Crypto exchange Bullish turned a profit in its first quarterly report after listing, with a net profit of $108.30 million

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2025-09-17 22:46:41
Cryptocurrency exchange Bullish posted its first quarterly earnings report after listing, posting a net profit of $108.30 million ($0.93 per share) in the quarter ended June 30, a significant turnaround from a net loss of $116.40 million ($1.03 per share) in the same period last year.
Bullish said total digital asset sales were $58.60 billion, up from $49.60 billion a year earlier.
Chief executive Tom Farley said Bullish's work in the second quarter had translated into strong momentum for the current quarter. The company expects adjusted earnings in the $12 million to $17 million range for the third quarter.
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