Bullish announces second quarter results for 2025
Source: CoinWorld
Time: 2025-09-18 05:58:31
Bullish has obtained a BitLicense license from the Department of Financial Services (DFS) in New York and is expected to enter the U.S. market in the fourth quarter of 2025. The company reported sales of digital assets in the second quarter of 2025 of $58.6 billion, net income of $108.3 million, adjusted income of $57 million, and adjusted profit before interest, tax, depreciation and amortization (EBITDA) of $8.1 million. Bullish expects adjusted revenue to be between $69 million and $76 million in the third quarter of 2025, and adjusted EBITDA to be between $25 million and $28 million.