Stacey Cunningham, former president of NYSE Group, will become president of Bullish (NYSE: BLSH) on November 9, according to an SEC filing.
The real bottleneck for tokenized stocks is registration, not the blockchain. In May, Bullish announced its $4.2 billion acquisition of transfer agent Equiniti, which serves nearly 3,000 issuer clients and more than 20 million shareholders. The deal is expected to close in January 2027. Bullish has also obtained a tokenized securities license in Gibraltar and launched trading in tokenized stocks initiated by its own issuers.
Cunningham served as NYSE COO, overseeing technology modernization and the integration of exchange acquisitions, and also advised Uniswap Labs. Her appointment looks more like an effort to make this registration setup acceptable to traditional issuers. Whether the $4.2 billion acquisition can close on schedule in January 2027 is the next test.
#代币化证券 #RWA
The real bottleneck for tokenized stocks is registration, not the blockchain. In May, Bullish announced its $4.2 billion acquisition of transfer agent Equiniti, which serves nearly 3,000 issuer clients and more than 20 million shareholders. The deal is expected to close in January 2027. Bullish has also obtained a tokenized securities license in Gibraltar and launched trading in tokenized stocks initiated by its own issuers.
Cunningham served as NYSE COO, overseeing technology modernization and the integration of exchange acquisitions, and also advised Uniswap Labs. Her appointment looks more like an effort to make this registration setup acceptable to traditional issuers. Whether the $4.2 billion acquisition can close on schedule in January 2027 is the next test.
#代币化证券 #RWA