Peter Thiel-backed Bullish inks $4.2 billion deal to buy transfer agent Equiniti
Crypto Briefing
Digital asset exchange Bullish is acquiring transfer agent Equiniti for $4.2 billion to lead the transition toward tokenized securities.Summary
Institutional digital asset exchange Bullish, supported by Peter Thiel, has announced a $4.2 billion agreement to acquire global transfer agent Equiniti. The deal, which includes $1.85 billion in debt and $2.35 billion in equity, aims to integrate Bullish’s blockchain infrastructure with Equiniti’s existing record-keeping platform to modernize capital markets. By creating the first fully integrated global transfer agent for tokenized securities, Bullish expects to improve settlement speeds and ownership tracking, with the transaction slated to close in January 2027.
(Source：Crypto Briefing)