Crypto
Bullish to acquire Equiniti, integrate shareholder management and tokenisation platform
Crypto exchange Bullish will acquire global transfer agent Equiniti from private equity firm Siris for $4.2 billion, The Block reported on May 5. Transfer agents officially record and manage ownership transfers of securities such as stocks and bonds. Equiniti processes $500 billion in annual payments and holds shareholder data on 20 million people. Bullish said it will combine its blockchain issuance and compliance services with Equiniti’s shareholder record system.
