Securitize received FINRA approval to expand broker-dealer activities and custody tokenized securities, completing the first full onchain IPO infrastructure stack.
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.
