Bullish ($BLSH) demonstrates tokenization of 61 million shares… recruits former NYSE president

Bullish ($BLSH) has appointed former NYSE President Stacey Cunningham as president and is pursuing the acquisition of Equiniti, while demonstrating the tokenization of 61 million shares as part of an issuer-centric equity tokenization strategy. The plan links tokenized shares with official shareholder registries and shareholder services, with Bullish arguing that public markets rely on trusted infrastructure that can be made more efficient, connected, and accessible. The move matters because it positions Bullish at the intersection of traditional market plumbing and on-chain equity issuance, using a high-profile Wall Street operator to bridge issuers and investors. The Equiniti deal, if completed, would add transfer-agent and shareholder-servicing capabilities to Bullish's tokenization stack. Next, watch for regulatory engagement with the SEC, the closing and terms of the Equiniti acquisition, and uptake of the 61 million-share tokenization demonstration among issuers.