Securitize Becomes First Broker-Dealer Approved to Custody Tokenized Securities: FINRA
Securitize has obtained approval from FINRA’s Persevering with Membership Utility (CMA) to increase its broker-dealer actions, turning into the primary broker-dealer accepted to custody tokenized securities. The approval grants Securitize the flexibility to offer an entire infrastructure stack for conducting preliminary public choices onchain, combining custody, brokerage, and issuance capabilities for digital securities.
The FINRA approval represents a big regulatory milestone for tokenized securities infrastructure. Securitize’s mixed custody and broker-dealer capabilities allow institutional-grade safety choices on blockchain networks, addressing a key regulatory hole within the rising digital securities market.
Sources: Securitize
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