Bullish (NYSE: BLSH) has entered into 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.
This transaction signals a major step in bridging traditional finance and digital assets. By integrating Equiniti’s established shareholder services with Bullish’s digital asset exchange and CoinDesk’s media and data offerings, the combined entity could streamline the issuance and management of tokenized equities and other securities. For the broader market, it underscores growing institutional appetite for blockchain-based capital market infrastructure, which promises faster settlement, reduced costs, and enhanced transparency.
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.
Bullish (NYSE: BLSH) 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. CoinDesk’s offerings include: CoinDesk Indices – a collection of tradable proprietary and single-asset benchmarks and indices that track the performance of digital assets for global institutions; CoinDesk Data – a broad suite of digital asset market data and analytics; and CoinDesk Insights – a digital asset media and events provider and operator of coindesk.com.
For more information, visit https://www.bullish.com/us and https://equiniti.com/us/.
