Bullish Shares Surge Over 11% Following Equiniti Acquisition Agreement

Bullish shares experienced a significant increase of over 11% after the company announced its agreement to acquire Equiniti for $4.2 billion. According to NS3.AI, Clear Street indicated that this acquisition could shift Bullish's focus from crypto trading to tokenization infrastructure by incorporating issuer access and transfer-agent authority. Equiniti currently provides services to nearly 3,000 public companies, including more than 30% of the S&P 500 and over half of the FTSE 100.