On the Record · Bullish
Bullish competitors, on the record
The companies Bullish itself names as competitors in its annual reports, 2025, each with the sentence it appears in and the filing it came from.
Who Bullish names
| Company | Named in |
|---|---|
| Amberdata | 2025 |
| Binance | 2025 |
| Bitwise Asset Management | 2025 |
| Bloomberg | 2025 |
| CF Benchmarks | 2025 |
| CME Group | 2025 |
| Coinbase | 2025 |
| CoinTelegraph | 2025 |
| FTSE Russell | 2025 |
| Hyperliquid | 2025 |
| Kaiko | 2025 |
| Kraken | 2025 |
| MSCI | 2025 |
| MV Index Solutions | 2025 |
| S&P Global | 2025 |
| The Block | 2025 |
| The Tie | 2025 |
| Token2049 | 2025 |
In its own words
Amberdata, Kaiko, The Tie
Word for word“In our data business, we compete mainly with institutionally focused digital assets data businesses today, such as Kaiko, Amberdata, and The Tie.” 20-F for 2025
Binance, Coinbase, Kraken
Word for word“Our primary competitors in this space include global players such as Binance, Coinbase, Kraken, and other financial institutions, fintech companies and firms offering digital asset trading services or exploring entry into this market.” 20-F for 2025
Bitwise Asset Management, CF Benchmarks, FTSE Russell, MSCI, MV Index Solutions, S&P Global
Word for word“Our digital assets index business competes against digital asset-focused index providers like CF Benchmarks, Bitwise Asset Management, and MV Index Solutions and against traditional finance providers like Bloomberg, S&P Global, MSCI, and FTSE Russell.” 20-F for 2025
Bloomberg, CME Group
Word for word“A more significant challenge is the entry of large, traditional financial institutions (TradFi) like CME Group and Bloomberg, who possess substantial resources, extensive customer bases, and established brands.” 20-F for 2025
CoinTelegraph, The Block, Token2049
Word for word“Our primary competitors in these areas include CoinTelegraph, The Block, Token2049, and other industry-specific digital media platforms and conferences.” 20-F for 2025
Hyperliquid
Word for word“Decentralized finance (DeFi) platforms like Hyperliquid have also emerged.” 20-F for 2025
Read from Bullish’s annual reports (20-F for 2025) and the financial data it files with the SEC, as of 2026-03-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.