Bullish Buys Equiniti for Blockchain Push

Bullish Acquires Equiniti: A Major Leap into Blockchain for Capital Markets Bullish, a leading blockchain infrastructure provider, has announced a significant acquisition of Equiniti, a top-tier regulated transfer agent for nearly 3,000 public companies. The deal, valued at $4.2 billion, involves Bullish taking on Equinitis $1.85 billion debt and paying the rest in shares priced at $38.48 each. The acquisition aims to fill a major gap in blockchain for capital markets, with Bullish CEO Tom Farley expressing optimism about the potential of tokenization to reshape how everything works. Equiniti, which handles shareholder records, processes $500 billion in payments annually, and tracks over 20 million verified shareholders, will continue to operate independently under Bullishs ownership. The deal is expected to close by January 2027, once regulatory approval is secured. 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/58897cdf6c5f4778