Securitize Becomes First Broker-Dealer Approved to Custody Tokenized Securities: FINRA
Regulation & Politics
Securitize has received approval from FINRA’s Continuing Membership Application (CMA) to expand its broker-dealer activities, becoming the first broker-dealer approved to custody tokenized securities. The approval grants Securitize the ability to provide a complete infrastructure stack for conducting initial public offerings onchain, combining custody, brokerage, and issuance capabilities for digital securities.
The FINRA approval represents a significant regulatory milestone for tokenized securities infrastructure. Securitize’s combined custody and broker-dealer capabilities enable institutional-grade security offerings on blockchain networks, addressing a key regulatory gap in the emerging digital securities market.
Sources: Securitize
This article was generated automatically by The Defiant’s AI news system from publicly available sources.
Related Posts
Advertisement
Get an edge in Crypto with our free daily newsletter
Know what matters in Crypto and Web3 with The Defiant Daily newsletter, Mon to Fri
90k+ Defiers informed every day. Unsubscribe anytime.
