Securitize has received FINRA approval to conduct tokenized securities custody business within the traditional brokerage framework

According to official news, the asset tokenization platform Securitize has announced that it has received approval from the Financial Industry Regulatory Authority (FINRA) to expand its brokerage proprietary business through its subsidiary Securitize Market. This allows it to conduct tokenized securities custody business within the framework of traditional brokerages, enabling on-chain atomic swaps and clearing settlements between tokenized securities and stablecoins, as well as participating in the primary and secondary issuance underwriting and sales of tokenized securities.