Crypto exchange Bullish reports $604.9 million net loss in Q1, with growth on adjusted basis

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Bullish, a crypto exchange, reports a net loss of $604.9 million in Q1, however, the company shows growth on an adjusted basis. CEO Tom Farley expresses satisfaction with the results, citing optimism for future performance. Despite the loss, Bullish's focus on expansion and innovation may signal a positive trajectory for the exchange in the coming months, potentially boosting investor confidence.