A profitable digital asset exchange putting its own shares onto a blockchain is a small operational milestone dressed up as a big signal, and this week Bullish gave UK founders watching the tokenised equity space a live example of what eating your own cooking looks like at listed company scale.

Most of the debate about who gets funded starts and ends with the initial cheque: who wins the pitch, whose warm introduction lands, which fund says yes. It is the right place to start, but it stops the story too early. A less visible shift is under way further up the capital stack, in how venture f

Private company shareholders in the UK have a new, concrete answer to the question of when they can actually sell, and the first company to test it is not a startup at all, which is exactly why founders should pay attention.