Bullish Makes Ex-NYSE President Stacey Cunningham Its President Ahead of Equiniti Deal
By Unchained
AI summary of the source article
Crypto exchange operator Bullish has appointed former NYSE Group President Stacey Cunningham as its new president. The appointment comes as Bullish works to complete its $4.2 billion acquisition of transfer agent Equiniti.
Why it matters
CEO Tom Farley stated Cunningham “will play a central role in building the next generation of services for market participants” and tied the hire to her “relationships with issuers built over decades.”
Key facts
- Former NYSE Group President Stacey Cunningham was named president of crypto exchange operator Bullish.
- Bullish agreed to acquire transfer agent Equiniti for $4.2 billion, assuming $1.85 billion in debt plus roughly $2.35 billion in Bullish shares.
- The Equiniti deal has received competition clearances in the U.K., U.S., and Germany, with closing expected in January 2027.
Source excerpt · Unchained
Bullish plans to pay for its $4.2 billion Equiniti takeover partly with about 61 million of its own shares, by Unchained's math. Its new president, Stacey Cunningham, succeeded Bullish CEO Tom Farley at the top of the NYSE. The post Bullish Makes Ex-NYSE President Stacey Cunningham Its President Ahead of Equiniti Deal appeared first on Unchained .