Baking Bad, operated by BB Strategy Pte. Ltd, develops open-source Web3 and blockchain products. Its portfolio includes Tezos and Celestia explorers, APIs, SDKs, indexing frameworks, staking-reward auditing, and DeFi tools. The company also creates custom solutions on its technology stack for clients, with examples including NFT aggregators and indexers for Rarible, Ubisoft Quartz, and Decentralized Pictures.