Bullish (NYSE: BLSH) has announced a definitive agreement to acquire Equiniti, the parent company of Notified and a global transfer agent and shareholder services provider, in a transaction valued at $4.2 billion. The acquisition is designed to position Bullish at the forefront of blockchain-native capital markets infrastructure by combining its institutional digital asset platform with Equiniti’s regulated transfer agent capabilities, which support nearly 3,000 public companies and more than 20 million verified shareholders.
Bullish said the combination is intended to create a global transfer agent platform for tokenized securities, addressing what it views as a key infrastructure gap as capital markets increasingly move toward blockchain-based asset issuance and settlement. Equiniti will continue operating under the Bullish umbrella alongside Bullish Exchange and CoinDesk, with closing expected in January 2027, subject to regulatory approvals and customary closing conditions.
The transaction underscores the growing convergence between traditional finance and digital assets. By integrating Equiniti’s established shareholder services with Bullish’s blockchain expertise, the combined entity aims to streamline the issuance and management of tokenized securities, potentially reducing costs and increasing efficiency for issuers and investors. For more details, visit the full press release at https://ibn.fm/ZpkNg.
Equiniti delivers trusted data, intelligent insight, and seamless administration across the full equity ownership lifecycle. The company helps issuers, investors, and employees navigate complexity, strengthen market engagement, and achieve better outcomes through technology-powered solutions backed by expert service. Its 5,000+ global associates support more than 12,000 organizations and over 20 million shareholders worldwide. More information is available at https://equiniti.com/us/.
Bullish is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. This includes Bullish Exchange, an institutionally focused digital assets spot and derivatives exchange integrating a high-performance central limit order book matching engine with automated market making to provide deep and predictable liquidity. Bullish Europe is regulated under MiCAR as a crypto asset service provider offering spot trading and custody services for digital assets. Bullish is also the parent company of CoinDesk, a leading provider of digital asset media and information services. For more information, visit https://www.bullish.com/us.
The acquisition is a significant step in bridging the gap between traditional capital markets and blockchain technology. As regulatory frameworks evolve and institutional interest in tokenized assets grows, Bullish’s move to acquire a regulated transfer agent could set a precedent for how public companies issue and manage shares in a digital era. The deal is expected to close in January 2027, pending regulatory approvals.


