Bullish Acquires Equiniti for $4.2 Billion Blockchain Deal

Bullish, a leading crypto exchange, has entered into an agreement to acquire Equiniti, a major global transfer agent, for $4.2 billion. The acquisition marks a significant development in the fintech industry, as it brings together a cryptocurrency-focused business with a company that provides shareholder services to nearly 3,000 public companies worldwide.

Equiniti's expertise in processing large-scale shareholder services will complement Bullish's existing capabilities in cryptocurrency trading and exchange. The combined entity plans to leverage blockchain technology to create a tokenized securities infrastructure, offering 24/7 trading, real-time settlement, and stablecoin-based payments.

The deal is subject to regulatory approvals and is expected to close in January 2027. Once completed, the acquisition will enable Bullish to expand its reach into traditional financial markets and accelerate the adoption of blockchain technology.