StoneX Overwrites Bullish for the First Time and Gives a Buy Rating
2026-11-10 08:14:30
According to CoinMeta, StoneX Financial has for the first time surpassed the crypto exchange Bullish, assigning it a buy rating and a target price of $42. Analyst Mark Palmer believes that the acquisition of Equiniti by Bullish will position it as the registration and settlement agent for approximately 30% of S&P 500 companies and half of FTSE 100 companies, thereby occupying a key role in the tokenization market. Currently, the scale of tokenized stock chains is around $2.1 billion, with the global stock value reaching $151 trillion. The tokenized assets market is expected to grow to $9.4 trillion by 2030. (Source: The Block)
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