Crypto exchange Bullish turned losses into profits after its listing, with net profit of US$108.3 million
Source: golden
Time: 2025-09-18 06:48:18
According to Golden Finance, cryptocurrency exchange Bullish released its first quarterly financial report after its listing, achieving quarterly profitability. 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 digital asset sales 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.