Bullish
bullish.comWhat Do They Do?
Operates a digital-asset trading exchange and provides information services to financial institutions, traders and digital-asset issuers. It also runs industry events for digital-asset participants.
20-F for FY2025, filed Mar 10, 2026Bullish is an institutionally focused global digital asset platform that provides market infrastructure and information services. Our…View ↗
Our business is built upon two core pillars: Market Infrastructure, which facilitates institutional trading of digital assets, including…View ↗
Bullish Exchange: Bullish Exchange operates a regulated and institutionally focused digital assets spot and derivatives exchange…View ↗
Information Services (branded as CoinDesk): Information Services encompasses our indices, data, and insights businesses.View ↗
Insights: CoinDesk Insights encompasses both our Media platform and Events portfolio, delivering a comprehensive suite of market news…View ↗
Who Are Their Customers?
Financial institutions and trading firms use Bullish Exchange and CoinDesk data and indices; investors and digital-asset audiences engage with CoinDesk media and events. Asset issuers work with Bullish through liquidity-service agreements.
20-F for FY2025, filed Mar 10, 2026Bullish Exchange: Bullish Exchange operates a regulated and institutionally focused digital assets spot and derivatives exchange…View ↗
Indices: CoinDesk Indices provides a collection of regulated, trusted, transparent, and tradable proprietary multi-token indices and…View ↗
Data: CoinDesk Data offers a comprehensive suite of digital assets market data and analytics, providing real-time insights into prices…View ↗
Insights: CoinDesk Insights encompasses both our Media platform and Events portfolio, delivering a comprehensive suite of market news…View ↗
Stablecoin partners collaborate with us to ensure liquidity and stability in the digital asset market. These partners provide a reliable…View ↗
Digital asset issuers partner with us in a similar manner to our RWA (including stablecoin) partners. Digital asset partners can pay a…View ↗
Who Do They Compete With?
Competes with Binance, Coinbase, Kraken, Hyperliquid, CF Benchmarks, Bitwise Asset Management, MV Index Solutions, Bloomberg, S&P Global, MSCI, FTSE Russell, Kaiko, Amberdata, The Tie, CoinTelegraph, The Block, and Token2049
20-F for FY2025, filed Mar 10, 2026In the digital assets exchange market, we compete with several centralized and decentralized exchanges and with traditional finance…View ↗
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