The first quarterly report of the cryptocurrency exchange Bullish after its listing turned a profit, with a net profit of 108.3 million USD

ChainCatcher news, cryptocurrency exchange Bullish releases its first quarterly report since going public, achieving quarterly profitability ------ For the quarter ended June 30, the company reported a net profit of $108.3 million (or $0.93 per share), a significant turnaround from a net loss of $116.4 million (or $1.03 per share) in the same period last year.

Bullish stated that total digital asset sales amounted to $58.6 billion, up from $49.6 billion in the same period last year.

CEO Tom Farley stated that Bullish's efforts in the second quarter have translated into strong momentum for this quarter. The company expects adjusted earnings for the third quarter to be between $12 million and $17 million.