Bullish Shares Jump 10% on Gibraltar Tokenization OK
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- Bullish (BLSH) shares rose more than 10% in Thursday morning trading on the NYSE
- Gibraltar Financial Services Commission approved Bullish to offer secondary trading in issuer-sponsored tokenized securities, expanding its push into regulated onchain markets
- Bullish raised its full-year subscription, services and other revenue guidance to $225 million–$245 million, citing first-half performance and improved visibility
- BLSH has gained roughly 20% over the past month but remains about 70% below its post-listing highs from last year, per Yahoo Finance data
Why it matters: The Gibraltar approval gives Bullish a regulated venue for secondary trading of issuer-sponsored tokenized securities, marking incremental progress in its onchain-markets push. Lifting full-year guidance to $225M–$245M signals management expects stronger subscription and services revenue, though even after Thursday's 10% rally, BLSH trades roughly 70% below last year's post-listing peak.
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