Bullish Buys Equiniti for $4.2B Crypto Push

Bullish, a crypto exchange listed on the NYSE, announces a $4.2B deal to buy Equiniti, a top global transfer agent, aiming to lead in tokenizing traditional securities. The deal, priced at $38.48 per share, gives Bullish access to Equinitis extensive client base and processing capabilities. Shares in Bullish surged 13.8% on the news, reflecting optimism about the deals potential. The combined company projects $1.3B in revenue by 2026, with 20% growth from tokenization and blockchain services, targeting margins over 50% by 2029. The deal is expected to close in January 2027, pending approvals. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/160edcc3dd5d4555