Bullish Names Former NYSE Chief Stacey Cunningham President

Digital asset exchange operator Bullish announced on November 9, 2026, that it has appointed Stacey Cunningham, former president of the New York Stock Exchange, as its new president. Bullish trades on the NYSE under the ticker BLSH with a market capitalization of about $3.3 billion.

Cunningham previously served as president of NYSE Group, becoming the first woman to lead the exchange group. Her earlier tenure at NYSE included work as chief operating officer, where she directed technology modernization and exchange acquisition integrations. She also held senior positions at Nasdaq, worked as an operating partner at private equity firm Advent, and served as an advisor to Uniswap Labs. She sits on the boards of Cloudflare, the NYSE, and Georgetown University's Psaros Center for Financial Markets and Policy.

Tom Farley, chief executive officer of Bullish, said Cunningham offers deep market structure expertise, operational background, and long-standing issuer relationships. Cunningham said public markets depend on trusted infrastructure and cited opportunities to make that infrastructure more efficient and connected for issuers and shareholders.

Equiniti deal and regulatory expansion

The appointment coincides with Bullish expanding its tokenized securities business. In May 2026, the company agreed to purchase global transfer agent Equiniti for $4.2 billion. Equiniti serves nearly 3,000 issuer clients and more than 20 million shareholders. The transaction is scheduled to close in January 2027, subject to customary closing conditions and regulatory approvals.

Bullish has secured regulatory clearance for tokenized securities trading in Gibraltar and introduced trading for its own issuer-sponsored tokenized shares. Its European unit holds regulation under the Markets in Crypto-Assets Regulation as a crypto asset service provider for spot trading and custody. Bullish also operates as the parent company of media and data firm CoinDesk.