Securitize Becomes First Broker-Dealer Approved to Custody Tokenized Securities: FINRA

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

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