Securitize has received approval from the U.S. Financial Industry Regulatory Authority (FINRA) to expand its broker-dealer operations through a change of membership application (CMA). This makes Securitize the first broker-dealer authorized to custody tokenized securities. The approval also enables on-chain atomic swaps, facilitating the clearing and settlement of tokenized securities with stablecoins. Additionally, Securitize Markets is now permitted to underwrite and distribute tokenized securities offerings.
Securitize Gains FINRA Approval to Expand Broker-Dealer Operations
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