According to The Wall Street Journal, the cryptocurrency exchange Bullish announced it would acquire the global transfer agent Equiniti for approximately $4.2 billion (including debt).
After the deal is completed, both parties plan to provide services for corporate issuers including securities tokenization, 24/7 trading, and stablecoin-based payments and settlements. Equiniti currently serves nearly 3,000 listed companies, including Berkshire Hathaway and Moody's. The acquisition of Equiniti is expected to be finalized in January next year, pending regulatory approval.
According to The Wall Street Journal, the cryptocurrency exchange Bullish announced it would acquire the global transfer agent Equiniti for approximately $4.2 billion (including debt).
After the deal is completed, both parties plan to provide services for corporate issuers including securities tokenization, 24/7 trading, and stablecoin-based payments and settlements.
Equiniti currently serves nearly 3,000 listed companies, including Berkshire Hathaway and Moody's.
The acquisition of Equiniti is expected to be finalized in January next year, pending regulatory approval.