Crypto exchange Bullish turned losses into profits after its listing, with net profit of US$108.3 million
Source: ChainCatcher
Time: 2025-09-18 06:32:37
According to ChainCatcher, cryptocurrency exchange Bullish released its first quarterly financial report after listing, achieving quarterly profits - in the quarter ended June 30, the company's net profit reached US$108.3 million (US$0.93 per share), a significant turnaround from a net loss of US$116.4 million (US$1.03 per share) in the same period last year.
Bullish said total sales of digital assets were $58.6 billion, up from $49.6 billion a year ago.
CEO Tom Farley said Bullish's work results in the second quarter have translated into strong momentum this quarter. The company expects adjusted earnings to be between $12 million and $17 million in the third quarter.