[Bullish February Spot Trading Volume Surpasses Coinbase, Up 62.6% Month-on-Month to $76 Billion] According to TechFlow News on March 12, as reported by CoinDesk, cryptocurrency exchange platform Bullish (stock ticker: BLSH) saw its February spot trading volume increase by 62.6% month-on-month, reaching $76 billion. Its market share rose to 5.06%, making it one of the top three centralized exchanges in spot trading volume for the first time, surpassing Coinbase (market share 4.59%). Binance remains the leader with approximately 22% of the spot market share, with February spot trading volume reaching $331 billion, though its market dominance has fallen to its lowest level since October 2020. Reportedly, Bullish, the parent company of CoinDesk, was listed on the New York Stock Exchange last year. Analysts believe that centralized exchanges are intensifying competition in areas such as liquidity, trading incentives, and new products. Some platforms have partnered with major U.S. stock exchanges to launch tokenized securities or prediction market trading services.