Bullish to Acquire Equiniti for $4.2 Billion, Enhancing Tokenized Securities
- Bullish has signed a $4.2 billion agreement to acquire transfer agent Equiniti.
- The deal includes approximately $1.85 billion in debt and $2.35 billion in Bullish shares.
- Equiniti services around 3,000 issuers and over 20 million shareholders, processing about $500 billion annually.
- The transaction is expected to close by January 2027, pending regulatory approval.
- By combining services, the merger aims to create a global transfer agent for tokenized securities.
This acquisition will integrate Equiniti’s traditional financial services with Bullish’s blockchain solutions, aiming to enhance liquidity and distribution channels for tokenized securities. The platform will operate under SEC regulations and utilize licenses from the UK’s Financial Conduct Authority (FCA).
With projections of generating approximately $1.3 billion in revenue by the end of this integration, this merger signifies a major step towards advancing tokenization within capital markets.
