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Crypto exchange Bullish strikes $4.2b deal for transfer agent Equiniti in tokenization push

Following the transaction, Bullish and Equiniti plan to offer corporate issuers full tokenization services, including 24/7 trading of securities across venues such as the Bullish exchange, and stablecoin-based payment and settlement solutions.

 

“This deal changes that,” he said in an interview. “This is about acquiring a traditional financial business with sticky customers and deep moat but not the technology know-how.”