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Securitize obtained FINRA approval to conduct tokenized securities custody services within the framework of traditional brokerage firms.

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PANews
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PANews May 5 news, the asset tokenization platform Securitize announced that it has obtained approval from the Financial Industry Regulatory Authority (FINRA) in the United States to expand the scope of its brokerage proprietary business through its subsidiary Securitize Market, allowing it to conduct tokenized securities custody services within the framework of traditional brokerage firms, to perform on-chain atomic swaps between tokenized securities and stablecoins, as well as clearing and settlement, and to participate in the underwriting and sale of tokenized securities in both primary and secondary offerings.

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