1/5 Bullish today named Solana, Aptos and Ethereum as the initial network partners for its equity tokenization services, giving issuers a choice of networks for their issuer-sponsored tokenized shares.

1/ Today, Qube Research & Technologies, Vertalo and zerohash joined the Issuer Sponsored Token Coalition, expanding the range of market participants working to advance issuer-sponsored tokenized securities.

1/2 Bullish BTC options are now integrated with @elwood_io. Options trades and live market data from Bullish now flow directly into Elwood's platform for post-trade portfolio management, risk and reconciliation.

1/2 📣New digital asset listing: Concrete ($CT), the native utility token of @ConcreteXYZ, a platform for on-chain products and yield across crypto and RWAs, is now available to trade on Bullish in eligible regions. Available pairs: ◾CT/USDC

1/2 📣New digital asset listing: Sui Dollar ($USDsui), @SuiNetwork’s native US dollar stablecoin issued by Bridge, a Stripe company, is now available to trade on Bullish in eligible regions. Available pairs: ◾USDsui/USDC ◾BTC/USDsui

RESEARCH: Tokenized equities are being created with or without the underlying issuer, as third parties are already spinning up tokenized versions of publicly listed shares in offshore markets, which leaves every issuer a choice: shape how your stock is represented onchain, or let others define it for you.

Today, Bullish and @Equiniti launched the Issuer Sponsored Token Coalition. @AlpacaHQ, @ApexFintech and @DriveWealth are the first participants, bringing together leading brokerage, trading and market infrastructure firms to help advance issuer-sponsored tokenized securities. The coalition will develop the technical standards, infrastructure and operating frameworks needed for issuer-sponsored tokenized securities to scale alongside, and interoperate with, existing capital markets. The launch follows the SEC’s Sept. 17 Innovation Exemption, a five-year framework for on-chain trading of tokenized U.S.-listed stocks. Under the framework, venues must verify that token holders receive the same rights as holders of the underlying shares, while issuers can object to third-party tokenization. Issuer-sponsored tokens meet that standard by design. They are issued with the issuer's participation and connect directly to its shareholder register, preserving shareholder rights, corporate-action entitlements and investor protections. The coalition is open and non-exclusive, with additional participants to be announced in the coming weeks.

Next week, Bullish CEO @TomFarley will moderate a discussion with Senator Kirsten Gillibrand on her work shaping digital asset policy at @CoinDesk Policy & Regulation, Sept. 22, Washington, D.C. View the full agenda and register here:

Bullish supports the @SECGov's Innovation Exemption, which represents an important development for onchain equities. The framework puts real shareholder rights and issuer agency at the center: tokenized shares must carry the same rights and privileges as traditional shares, while issuers have a say when third parties seek to tokenize their stock. That’s closely aligned with what we’re building at Bullish: authentic, issuer-sponsored tokenized equity, with the issuer in the driver’s seat and ownership infrastructure built for an onchain market.

“Every CEO and every CFO in the world of a public company would love to know who owns their stock.” @Bullish Exchange President Chris Tyrer breaks down the different models behind tokenized stocks, including Robinhood’s AMC tokens, and explains why tokenization could give companies greater visibility into who owns their shares:

We’re thrilled to announce that Deadstock has completed a $2.5M seed round, led by Bullish Capital, the venture arm of @Bullish (NYSE: BLSH), alongside a select group of angel investors. The funding will take Deadstock through Public Beta and into the next stage of building the infrastructure for a global, liquid trading card market. Details:

STX is now live on @Bullish. One of the largest venues in the world for BTC spot volume just listed the asset powering Bitcoin-native capital markets. Institutions across 50+ jurisdictions can now access STX where they already trade Bitcoin.

🚨 Ep. 98 of @TokenizedPod: Revolut Launched a Stablecoin. Are Big Banks Next? @sytaylor & @cuysheffield are joined by: 👉 @ThomasCowan93, Head of Tokenization, @Bullish 👉 @hm_arnold, COO, @turnkeyhq To discuss: 🚀 Revolut launches Euro R stablecoin through Bridge in Europe 💵 Revolut’s potential shift toward multicurrency onchain accounts 📈 Stablecoins as cash legs for tokenized equity trading 💳 Stablecoin payout wallets expanding into yield and investment products 💸 Standard Chartered brings regulated Hong Kong dollar stablecoin to institutions 🇨🇳 Hong Kong’s stablecoin model for 24/7 China linked financial markets 📊 China’s digital yuan struggles vs private sector stablecoin innovation 📈 Fasset reaches billion dollar valuation using stablecoins for global settlement 🏦 Stablecoin neobanks face low barriers, competition and differentiation challenges ⛓️ LayerZero ATLAS builds headless exchange infrastructure for onchain equities *** Timestamps: 00:00 Introduction 0:56 Revolut launches Euro R stablecoin through Bridge in Europe 5:16 Revolut’s potential shift toward multicurrency onchain accounts 11:09 Stablecoins as cash legs for tokenized equity trading 15:35 Stablecoin payout wallets expanding into yield and investment products 17:55 Standard Chartered brings regulated Hong Kong dollar stablecoin to institutions 22:48 Hong Kong’s stablecoin model for 24/7 China linked financial markets 27:36 China’s digital yuan struggles vs private sector stablecoin innovation 31:58 Fasset reaches billion dollar valuation using stablecoins for global settlement 34:14 Stablecoin neobanks face low barriers, competition and differentiation challenges 40:17 LayerZero ATLAS builds headless exchange infrastructure for onchain equities *** 👉𝘚𝘦𝘢𝘳𝘤𝘩 '𝘛𝘰𝘬𝘦𝘯𝘪𝘻𝘦𝘥 𝘗𝘰𝘥𝘤𝘢𝘴𝘵' 𝘖𝘯 𝘠𝘰𝘶𝘛𝘶𝘣𝘦. 𝘈𝘱𝘱𝘭𝘦, 𝘚𝘱𝘰𝘵𝘪𝘧𝘺 𝘰𝘳 𝘢𝘯𝘺 𝘗𝘰𝘥𝘤𝘢𝘴𝘵 𝘗𝘭𝘢𝘺𝘦𝘳! 👈

Dividends have looked the same for a long time. This one looked a little different. Recently, eligible shareholders of @Elemental_Royal were given the option: receive their quarterly dividend as usual, or take it in Tether Gold (XAU₮). The real change is choice. Shareholders could take their dividend the traditional way, or in a form that suited them better. That optionality says something about where ownership is heading. Investors increasingly want to shape what they hold, not just hold it, and that thinking is now reaching even the most familiar moments, like how a dividend is paid. Behind every dividend is a shareholder deciding what value means to them, and making that choice possible takes trusted hands. @Equiniti was pleased to act as paying agent for the digital asset element of this distribution, working alongside @Bullish to deliver the Tether Gold payments to electing shareholders. Congratulations to Elemental Royalty Corporation for giving their shareholders a new way to answer an old question. Read the full release here: #CapitalMarkets# #DigitalAssets# #ShareholderServices# #Dividends#

We are excited to announce that @Bullish is returning to MERGE Madrid 2026 as a Gold Sponsor! Bullish (NYSE: BLSH) is an institutionally focused global digital asset platform that provides regulated market infrastructure and information services. They have supported us across multiple previous editions of MERGE as sponsors. Their participation has also been a highlight on our stages, where Peter Fitzpatrick, Jamie Lauder, and Manuel Nordeste have shared their valuable expertise and insights as featured speakers. We are thrilled to welcome them back to Madrid. Make sure to connect with their team from October 27-29!