Bullish to Buy Equiniti in $4.2 Billion Deal to Push Into Tokenized Securities
May 5, 2026
Crypto exchange operator Bullish has agreed to acquire Equiniti, a global transfer agent and shareholder services provider, in an all-stock deal valued at $4.2 billion. Siris said it signed the definitive agreement to sell Equiniti to Bullish.
Bullish said the combination would create a global transfer agent for tokenized securities and support its plan to build blockchain-based capital markets infrastructure. Equiniti provides shareholder services to major companies, including Berkshire Hathaway and Moody's.
One report said Bullish shares rose 10% after the announcement. The deal includes the assumption of $1.85 billion in debt and is expected to close in January 2027, pending regulatory approvals.
What is Bullish buying?
Bullish is buying Equiniti, a company that handles transfer agent and shareholder services for public companies.
Why is Bullish making this deal?
Bullish says the acquisition will help it build infrastructure for tokenized securities and blockchain-native capital markets.
How much is the deal worth?
The transaction is valued at $4.2 billion and is structured as an all-stock deal.
When could the deal close?
The companies expect the transaction to close in January 2027, if regulators approve it.
Sources
Crypto Exchange Bullish Strikes $4.2 Billion Deal for Transfer Agent in Tokeniza...
WSJ
WSJ
Equiniti is one of the world's biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody's.
Bullish to acquire Equiniti from Siris in $4.2 billion transaction, creating the...
GlobeNewsWire
GlobeNewsWire
GEORGE TOWN, Cayman Islands, May 05, 2026 (GLOBE NEWSWIRE) -- Bullish (NYSE: BLSH), the institutional-grade digital asset platform, today announced it has entered into a definitive agreement to acquire Equiniti, a leading global transfer agent and provider of mission-critical shareholder services, i...
Siris Announces Sale of Equiniti to Bullish
GlobeNewsWire
GlobeNewsWire
WEST PALM BEACH, Fla., May 05, 2026 (GLOBE NEWSWIRE) -- Siris, a leading private equity firm targeting service companies that support critical technology infrastructure, today announced the signing of a definitive agreement to sell Equiniti (“Equiniti” or “the company”), a leading global transfer ag...
Bullish to buy Equiniti in $4.2 billion deal
Reuters
Reuters
Cryptocurrency exchange Bullish said on Tuesday that it is set to buy Equiniti in a transaction valued at $4.2 billion.
Bullish stock jumps 10%: Why Equiniti deal could be pivotal?
Invezz
Invezz
Shares of Bullish (NYSE: BLSH) surged on Tuesday after the cryptocurrency exchange operator announced a $4.2 billion agreement to acquire Equiniti, marking a major step in its push to build infrastructure for tokenized securities. The all-stock transaction, which includes the assumption of $1.85 bil...
Bullish Acquires Equiniti in $4 Billion Tokenization Bet
PYMNTS
PYMNTS
Digital asset platform Bullish is acquiring global transfer agent Equiniti for $4.2 billion. The deal is designed to create a transfer agent for tokenized securities and “position Bullish to lead the shift toward blockchain-native capital markets infrastructure,” the company said in a news release T...
Why Bullish Stock Zoomed Almost 12% Higher Today
The Motley Fool
The Motley Fool
It's agreed to buy transfer agent Equiniti in a deal valued at $4.2 billion. At a stroke, this broadens Bullish's operations considerably.
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