Trending Now - Bullish to Acquire Equiniti for $4.2B in Crypto Strategy

WHO:

Cointelegraph - Bullish, a crypto exchange, is acquiring Equiniti, a transfer agent.

Techmeme - Equiniti is a UK-based financial services outsourcing business, currently owned by Siris Capital.

WHAT:

Cointelegraph - Bullish has agreed to acquire Equiniti for $4.2 billion.

Techmeme - The acquisition is part of Bullish's strategy to expand in blockchain-based capital markets infrastructure.

WHERE:

Techmeme - Equiniti is based in the United Kingdom.

WHEN:

Techmeme - The deal is set to close in 2027.

WHY:

Cointelegraph - The acquisition is part of a broader trend among Wall Street participants to accelerate tokenization initiatives for 24/7 trading.

HOW:

Techmeme - The acquisition involves Bullish purchasing Equiniti from Siris Capital.

(UPDATED May 5, 2026 15:38 UTC)

Bullish, a crypto exchange, is set to acquire Equiniti, a UK-based financial services outsourcing business currently owned by Siris Capital, for a staggering $4.2 billion. This move is part of Bullish's strategy to expand its presence in blockchain-based capital markets infrastructure, reflecting a broader trend among Wall Street participants to enhance tokenization initiatives for around-the-clock trading. The deal is expected to close in 2027, marking a significant step in the evolution of financial services.