Securitize Receives FINRA Approval to Offer Tokenized Securities Custody Services Within the Traditional Broker-Dealer Framework
Securitize, an asset tokenization platform, announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) to expand the scope of its broker-dealer business through its subsidiary Securitize Market. This enables Securitize to provide custody services for tokenized securities within the traditional brokerage framework, conduct on-chain atomic swaps and clearing/settlement between tokenized securities and stablecoins, and participate in underwriting and sales of tokenized securities in both primary and secondary offerings.