Tokenized securities platform Securitize announced via X that it has received approval for its Continuous Membership Application (CMA) from the Financial Industry Regulatory Authority (FINRA) in the US, expanding its broker-dealer service scope. With this approval, Securitize has become the first broker-dealer capable of custodial services for security tokens and can now provide 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, Securitize can now act as an underwriter or selling group in security token offerings.
