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Bullish receives Gibraltar Financial Services Commission approval to offer trading in tokenized securities

  • Bullish (NYSE: BLSH) received approval from the Gibraltar Financial Services Commission (GFSC) to offer trading in issuer-sponsored tokenized securities.
  • The approval marks a milestone in the collaboration between Bullish & Gibraltar, which began in 2025 to build regulated digital asset infrastructure.
  • Gibraltar remains a global leader by introducing a bespoke legal framework for firms utilizing Distributed Ledger Technology (DLT).
  • Tokenized securities aim to provide 24/7 trading, near-instant settlement, & direct issuer-shareholder relationships while maintaining regulatory oversight for eligible non-U.S. investors.
  • Bullish plans to acquire transfer agent Equiniti (EQ) to create end-to-end infrastructure spanning issuance, registry, & trading.
  • Trading in tokenized securities is expected to go live in the coming weeks, subject to pre-go-live conditions.
  • Bullish is an institutionally focused platform offering regulated market infrastructure, including a spot & derivatives exchange regulated under MiCAR in Europe.