Bullish Agrees to Buy Equiniti for $4.25B in Tokenized Securities Push

Bullish agreed to acquire Equiniti for $4.25 billion to add a regulated transfer agent to its digital asset platform. Equiniti keeps records for more than 2,500 companies and 20 million shareholders and processes about $500 billion in annual payments. Bullish said the combined platform aims to cover token design, issuance, compliance, registry and secondary trading for tokenized securities. The deal is expected to close in early 2027, pending regulatory approvals.

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