Bullish to acquire Equiniti from Siris in $4.2 billion transaction, creating the global transfer agent for tokenized securities
- May 11
- 1 min read

Bullish To Acquire Equiniti For $4.2 Billion To Drive Tokenized Securities Adoption
Bullish, a regulated digital asset exchange, has entered into an agreement to acquire Equiniti from Siris Capital Group in a transaction valued at $4.2 billion. This strategic move unites a high growth digital finance platform with a leading provider of shareholder and transfer agency services. Equiniti currently supports approximately 70 percent of the companies listed on the FTSE 100 and manages millions of investor records across the United Kingdom and United States.
The primary objective of the acquisition is to establish a global transfer agent for tokenized securities. By leveraging the technological capabilities of Bullish alongside the regulatory and operational scale of Equiniti, the combined entity plans to modernize capital market infrastructure. This integration is expected to facilitate the transition of traditional financial assets onto blockchain based systems while providing the necessary compliance and security for institutional participants.
For WealthTech providers and wealth managers, this acquisition signals an acceleration in the availability of tokenized investment products. It addresses a critical infrastructure gap by providing a regulated pathway for the issuance and management of digital securities. As firms look to streamline operations and expand asset access, this deal provides a robust framework for integrating digital asset technology into the existing wealth management ecosystem.
MMnote: Equiniti may not be the full alts2wealth infrastructure that we need but being the transfer agent of tokenized assets is going to seriously commoditize access to alternative investments.


