Bullish invests $4.2 billion to acquire Equiniti, advancing tokenization strategy

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BlockBeats News, May 5th, according to The Wall Street Journal, the crypto trading platform Bullish will acquire equity transfer agency Equiniti for $4.2 billion (including debt).
After the acquisition is completed, Bullish and Equiniti plan to provide comprehensive tokenization services for corporate issuers, including 24/7 trading of securities on platforms like Bullish, and stablecoin-based payment and settlement solutions.

The acquisition of Equiniti is expected to close in January next year, pending regulatory approval. Equiniti provides services to nearly 3,000 publicly listed companies, including Berkshire Hathaway and Moody’s.

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