"Bullish's acquisition of Equiniti is framed around creating a global transfer agent for tokenized securities, linking digital assets with traditional shareholder recordkeeping operations."
"Equiniti serves nearly 3,000 issuer clients and supports over 20 million shareholders, handling about $500 billion in yearly payments, which positions the combined company for significant growth."
"CEO Tom Farley stated that tokenization represents a once-in-a-generation shift in capital markets, emphasizing its importance as the defining infrastructure trend for the next 25 years."
Bullish announced a $4.2 billion acquisition of Equiniti, aiming to create a global transfer agent for tokenized securities. The deal includes $1.85 billion in assumed debt and is expected to close in January 2027. Equiniti serves nearly 3,000 issuer clients and over 20 million shareholders, handling approximately $500 billion in annual payments. The acquisition will provide Bullish access to a vast client base while Equiniti will benefit from blockchain technology to modernize securities issuance and servicing. The combined entity is projected to generate $1.3 billion in adjusted revenue for 2026.
Read at news.bitcoin.com
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