Bullish

Bullish

Videos

AMC slams Robinhood's approach to tokenized stocks: why Kraken and Bullish are betting big anyway

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by special guest co-host Ophelia Snyder, Co-Founder of 21Shares. Payward Chief Commercial Officer Mark Greenberg breaks down Kraken parent Payward's new partnerships with SoFi and the London Stock Exchange, and how xStocks is bringing tokenized equities and 24/7 markets to investors around the world. Bullish Exchange President Chris Tyrer unpacks Bullish's $4.2 billion acquisition of transfer agent Equiniti, its first tokenized-share trades on a GFSC-regulated venue, and the competing models shaping the future of tokenized stocks. Plus, Sanasie and Snyder break down another billion-dollar week for Bitcoin and Ethereum ETFs and what shifting macro conditions could mean for crypto. - Learn more at bullish.com. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com. - To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp.

AMC Slams Tokenized Stocks: Why Kraken and Bullish Are Betting Big Anyway

Finance

Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans

Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure.

USD.AI developer Permian Labs' Conor Moore (left, COO/co-founder) and David Choi (right, CEO/co-founder) (Permian Labs)

Finance

Bullish shares surge 14% as subscription revenue offsets digital asset slowdown

Bullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.

Tom Farley, CEO of Bullish, and Lynn Martin, President of the New York Stock Exchange, speak at Consensus 2024 by CoinDesk.(Shutterstock/CoinDesk/Suzanne Cordiero)

Videos

Why Markus Thielen says Bitcoin's pain isn't over yet

On today's Markets Outlook, 10x Research Founder and CEO Markus Thielen tells CoinDesk's Jennifer Sanasie why he sees Bitcoin dropping even more before recovery, with $7B in ETF outflows since mid-May and MicroStrategy stepping back as the last real buyer. Plus, why he stays bearish on Ethereum, why he's calling Hyperliquid overvalued, and why nothing turns around until the Fed goes dovish.

Why Markus Thielen says Bitcoin's pain isn't over yet

Markets

Ark Invest bought more than $75 million of crypto shares during June bloodbath

Ark Invest has a tendency to "buy the dip," loading up on shares in cryptocurrency companies when their prices are depressed.

Ark Invest CEO Cathie Wood

Markets

Ark Invest buys $12.5 million of Bullish stock in four days

Ark frequently uses broader digital asset downturns, which tend to pull crypto equities lower, as an entry point into cryptocurrency companies.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

Bullish misses first-quarter revenue estimates as services fall short

The company also missed bottom-line forecasts. The shares fell before rebounding as the broader market advanced.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Markets

Bullish’s Equiniti deal could remake it into a tokenization powerhouse, Clear Street says

Compass Point took a more cautious stance, reiterating a Neutral rating and $36 target, saying much of the expected growth is already priced in, though it acknowledged potential upside.

CoinDesk

Videos

GameStop's $55B eBay bid could liquidate its bitcoin

GameStop submitted an unsolicited $55.5 billion offer to buy eBay, and CEO Ryan Cohen hasn't ruled out selling the company's $368 million bitcoin treasury to fund it. If the deal closes, eBay's 135 million active buyers would be inside a company that holds bitcoin. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

GameStop's $55B eBay bid could liquidate its bitcoin

Finance

Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure

The deal brings a regulated transfer agent into the Bullish stack, expanding the firm's end-to-end tokenization capabilities.

Crypto platform Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)