DefiLlama Expands OTC Crypto Data Capabilities Through Bulletin Acquisition

WhaleStalker · 2026-02-16T17:09:05+00:00

DefiLlama has acquired Bulletin, enhancing its analytics capabilities in the OTC crypto market. This acquisition aims to improve valuation data accessibility, catering to the rising institutional interest in private digital assets.

WhaleStalker

2026-02-16 17:09:05

Abstract generation in progress

The leading DeFi analytics platform DefiLlama has strategically acquired Bulletin, a specialized OTC crypto data provider, marking a significant move to deepen its footprint in the private digital assets market. This acquisition represents DefiLlama’s commitment to capturing the growing demand for accurate valuation data in the secondary market, particularly as institutional interest in crypto company stocks and tokens continues to accelerate.

Strengthening Secondary Market Valuation for Private Digital Assets

Bulletin operates as a sophisticated data aggregation platform that consolidates trading information from multiple over-the-counter brokers and market participants. By integrating Bulletin’s infrastructure, DefiLlama now possesses the capability to deliver more granular and reliable valuation metrics for privately-held cryptocurrency companies. The OTC crypto market has become increasingly critical for price discovery and liquidity provision, yet it remains fragmented across numerous brokers and trading desks. This acquisition fills a crucial gap by centralizing OTC data streams that were previously scattered.

Building an Integrated OTC Data Infrastructure

Founded in 2023 by David Mirzadeh, who serves as Chief Operating Officer of the NEAR Foundation, Bulletin was specifically designed to bridge buyers and sellers within the crypto company stock ecosystem. By bringing Bulletin under DefiLlama’s umbrella, the combined entity can now offer institutional investors and analysts a more complete picture of the OTC crypto trading landscape. This integration enables DefiLlama to complement its existing DeFi protocol analytics with comprehensive private market insights, positioning itself as a one-stop data solution for both public and OTC crypto market participants.

The move signals the increasing importance of OTC infrastructure in the broader cryptocurrency ecosystem, particularly as investors seek transparent, aggregated data for pricing and trading private crypto assets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.