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Bullish to offer trading in tokenised securities
30 June 2026 Gibraltar
Reporter: Matthew Challis

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Image: iamchamp/stock.adobe.com
Bullish, an institutionally-focused digital assets exchange, has been approved by the Gibraltar Financial Services Commission (GFSC) to offer trading in tokenised securities.

The GFSC and Bullish have been collaborating since 2025 to explore regulated infrastructure for digital assets, with Gibraltar said to be the first jurisdiction to introduce a tailored legal framework for firms using distributed ledger technology.

Bullish says the approval advances its broader strategy to build end-to-end infrastructure for tokenised securities and, pending its acquisition of transfer agent Equiniti,t, the combined platform is intended to span the full lifecycle of a tokenised security.

Commenting on the regulatory authorisation, Tom Farley, CEO of Bullish Group, says: “This approval allows us to bring the benefits of tokenisation to securities markets within a robust, supervised framework and continues the work we began with the GFSC to set a global standard for regulated digital asset markets.”

Nigel Feetham, minister for financial services, adds: “Gibraltar is committed to being at the forefront of regulated innovation in financial services.

“We are pleased to deepen our relationship with Bullish and to support the responsible development of tokenised securities, reinforcing Gibraltar's reputation as a quality financial centre.”
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