Bullish to Acquire Equiniti for $4.2B in Tokenization Push
Cointelegraph
Crypto exchange Bullish is acquiring transfer agent Equiniti for $4.2 billion to advance its capabilities in tokenized securities and 24/7 trading.Summary
Crypto exchange Bullish has entered an agreement to acquire transfer agent Equiniti from Siris Capital for $4.2 billion, including the assumption of $1.85 billion in debt. By integrating Equiniti's extensive shareholder recordkeeping services—which support nearly 3,000 companies including Berkshire Hathaway—Bullish aims to accelerate its development of 24/7 tokenized securities trading and stablecoin-based settlement tools. The deal, expected to close in January 2027, reflects a broader trend of major financial institutions and crypto exchanges racing to modernize market infrastructure through blockchain-based tokenization.
(Source：Cointelegraph)