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Altcoins & DeFi

Bullish Names Aptos and Ethereum for Tokenized-Share Service

Image: TokenPost

The service is intended to let issuers choose among the three networks while the transfer agent retains the official ownership record. Bullish did not provide a launch schedule for Aptos or Ethereum, identify outside issuers planning to use them or disclose Aptos-specific commercial terms. “We want to ensure that the issuer tokens we create for our issuers are available on key blockchains for our investors,” said Thomas Cowan, Bullish’s head of tokenization. The planned expansion builds on Bullish’s Solana activity. During the Oct. 27 NYSE demonstration, Farley and Kramer moved 61 million Bullish shares reserved for the Equiniti deal on Solana. The transfer, administered by Equiniti, took seconds. Equiniti is also among four transfer agents added to the New York Stock Exchange’s planned tokenized-securities network .

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