Texture Capital Awarded FINRA License to Trade Security Tokens
Texture is the latest tokenization firm to eye the $1.5 trillion private securities market.
The custodian’s bank charter allows it to hold digital assets for broker-dealers and their clients, said Anchorage CEO Nathan McCauley.
Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said.
Apifiny connects professional traders with 40-odd global exchanges to search the best execution prices.
The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.