Bullish's Acquisition of Equiniti Signals Wall Street's Interest in Tokenized Shares

Bullish has announced a $4.2 billion deal to acquire transfer agent Equiniti, underscoring Wall Street's growing interest in developing tokenized shares as blockchain-native securities rather than synthetic wrappers. According to NS3.AI, Kristine Mierzwa from FTSE Russell noted that tokenized equities are already prompting discussions about float, liquidity, and index inclusion, as many large asset managers are still unable to directly custody these assets. Bullish CEO Tom Farley and Digital Asset Holdings CEO Mark Wendland highlighted that faster settlement and collateral mobility might be more appealing than the prospect of 24/7 trading.