Digital asset trading platform Bullish announced record financial results for Q3 2025, ending September 30. The company reported an adjusted revenue of $76.5 million, up from $44.6 million in the same period last year. Bullish's net profit reached $18.5 million, a significant turnaround from a $67.3 million loss in Q3 2024.
The platform's digital asset sales totaled $41.6 billion, while adjusted EBITDA rose to $28.6 million from $7.7 million a year earlier. Bullish also launched crypto options during the quarter, with trading volume surpassing $1 billion. Additionally, spot trading volume in Q4 has increased by 77% compared to Q3.
Bullish Reports Record Q3 Earnings with $76.5 Million Adjusted Revenue
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