Bullish has tokenized its own stock and begun trading those tokenized BLSH shares on a regulated digital asset exchange, with settlement in stablecoins that is near-instant and available around the clock. The tokenized shares run on Solana. CEO Tom Farley said Bullish is assembling the full set of services needed to tokenize equities—the regulated exchange, tokenization technology, and a transfer agent—and is starting with its own stock. He described tokenization as the next defining shift in financial markets after they went electronic a generation ago.

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