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On August 12, 2026, Bullish announced the launch of tokenized equity trading for its own shares (BLSH) on its…

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On August 12, 2026, Bullish announced the launch of tokenized equity trading for its own shares (BLSH) on its Gibraltar-regulated exchange, marking the first instance of such trades settling against a USD stablecoin. The initiative leverages Bullish's pending $4.2 billion acquisition of transfer agent Equiniti to provide issuer-sponsored tokens with direct legal standing equivalent to conventional shareholders. Liquidity is supported by Wintermute and institutional participants including Qube Research & Technologies. This development builds on May 2026 efforts to tokenize the company's equity cap table on Solana, aiming to establish a regulated infrastructure for tokenized securities issuance, registry, and trading with near-instant settlement capabilities. Bullish operates as an institutionally focused global digital asset platform providing market infrastructure and information services.

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