🐂 Bullish Just Tokenized the Stock Market. Shopify's Guidance Killed the Vibe. PayPal's Slow Fade Isn't Fooling Anyone.

Bullish just dropped the biggest crypto acquisition in history — $4.2 billion for Equiniti, the firm that literally keeps the shareholder records for 2,500 public companies. We break down why this is the most important fintech infrastructure move in years. Plus: Shopify crushed Q1 with its first-ever $100B GMV quarter and still fell 15%, and PayPal beat estimates while announcing the slowest, most confidence-draining restructuring plan in recent memory. It's a lot for a Tuesday.