Tokenized securities platform Securitize announced via X that it has received approval for its Continuing Membership Application (CMA) from the U.S. Financial Industry Regulatory Authority (FINRA), expanding its broker-dealer business scope. With this approval, Securitize has become the first broker-dealer capable of custodying security tokens and can now provide a comprehensive on-chain IPO infrastructure. Atomic swaps between security tokens and stablecoins, as well as on-chain clearing and settlement, can also be processed in a single transaction, simplifying operational procedures. Furthermore, it can now act as an underwriter or selling group in security token offerings.
