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Bullish to Acquire Equiniti for $4.2 Billion, Aiming to Become a Global Registrar for the Tokenized Securities Era

Institutional digital asset platform Bullish is accelerating the convergence of traditional finance and blockchain infrastructure with its $4.2 billion acquisition of Equiniti, a global leader in shareholder services.

CreatorHeny
DateMay 6, 2026
  • Serving more than 20 million shareholders worldwide
  • Processing approximately $500 billion in annual payments
  • Over 95 years of expertise in registry and shareholder services
Combined Entity: Pro Forma 2026 Financial Expectations
Metric2026E Target
Adjusted Total Revenue~$1.3 Billion
Adjusted EBITDA less Capex~$500+ Million

Projected financial metrics for Bullish following the Equiniti acquisition.

Equiniti Operational Scale
CategoryMetric
Annual Payments Processed$500 Billion
Shareholders Served20 Million
Years of Expertise95+

Key performance indicators for Equiniti prior to the Bullish acquisition.

This content is for information and commentary only and is not investment advice.

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