Bullish announces Siris to acquire non-core Equiniti business lines

Bullish (NYSE: BLSH) , an institutionally focused global digital asset platform that provides market infrastructure and information services, today announced that an affiliate of Siris has exercised its previously disclosed option to acquire the following non-core business lines of Equiniti: EQ Retirement Solutions, EQ Customer Resolutions and Lenvi. The parties expect to negotiate definitive documents to effect the carve-out of the non-core business lines in parallel with the closing of Bullish’s previously announced purchase of Equiniti in January 2027, subject to customary closing conditions and required regulatory approvals. As previously disclosed at the time of the announced acquisition, the financial results of the non-core businesses have been excluded from all transaction disclosures. Competition Law Clearances Received Bullish further announced that its planned acquisition of Equiniti has received necessary competition law clearances from the United Kingdom, the United States, and Germany. "The clearances we've received are an important part of the regulatory approvals required for the transaction, and we remain fully committed to what this combination makes possible," said Tom Farley, CEO of Bullish . "Bringing together Equiniti's deep-rooted issuer relationships and regulated transfer agent infrastructure with Bullish's blockchain-native platform creates something that doesn't exist today, a fully integrated, institutional-grade operating system for tokenized securities." As announced on May 5, 2026, the $4.2 billion transaction will unite Equiniti, the system of record for nearly 3,000 blue-chip public companies, serving 20 million shareholders and processing $500 billion in annual payments, with Bullish's end-to-end tokenization infrastructure and CoinDesk's media, data, and research capabilities. The transaction remains subject to remaining regulatory approvals and customary closing conditions, with closing expected in January 2027.