Broker-Dealers

Crypto Trading Business Apifiny Snags FINRA Broker-Dealer License

Apifiny connects professional traders with 40-odd global exchanges to search the best execution prices.

Business  ·  29 April 2021

Anchorage to Custody Digital Securities for Broker-Dealer Prometheum’s Retail Trading Platform

The custodian’s bank charter allows it to hold digital assets for broker-dealers and their clients, said Anchorage CEO Nathan McCauley.

Business  ·  31 March 2021
Uphold

Crypto Firm Uphold Gets US OK to Buy Broker-Dealer JNK Securities

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.

News  ·  31 March 2021
SEC

SEC Gives Broker-Dealers Room to Handle Crypto Securities

The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.

Policy & regulation  ·  23 December 2020
SEC

US Lawmakers Ask SEC to Clarify Broker-Dealer Rules

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.

Policy & regulation  ·  9 December 2020
Tokenization

Texture Capital Awarded FINRA License to Trade Security Tokens

Texture is the latest tokenization firm to eye the $1.5 trillion private securities market.

Policy & regulation  ·  10 November 2020
Acquisitions

Securitize Goes License Shopping With Acquisition of SEC-Registered Broker-Dealer

Security token firm Securitize announced Thursday its planned acquisition of Distributed Technology Markets (DTM).

Business  ·  15 October 2020
BitGo

BitGo Acquires Harbor in Surprise Expansion Beyond Crypto Custody

Digital asset custodian BitGo is building a “full stack” security token services provider by acquiring tokenization platform Harbor, including its broker-dealer and transfer agent.

News  ·  18 February 2020
Acquisitions

ConsenSys Acquires US Broker-Dealer in Bid to Tokenize Trillion-Dollar ‘Muni’ Bond Market

ConsenSys aims to use its new acquisition to offer tokenized municipal bonds in a market ripe for disruption.

Business  ·  5 February 2020
Bitcoin

Longtime Bitcoin Advocate Launches Broker-Dealer for Crypto Firms

Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital.

Business  ·  31 October 2019
Exchanges

Crypto ‘Exchange of Exchanges’ ShortHop Expands to 7 US States

ShortHop offers traders access to its own order book as well as orders from other exchanges.

Markets  ·  26 August 2019
SEC

SEC, FINRA Issue Explanation of Crypto Custodian Approval Delay

In a joint statement Monday, the SEC and FINRA laid out the issues they must examine before approving broker-dealer applications from crypto startups.

Markets  ·  8 July 2019
Regulation

Stonewalled by FINRA, Up to 40 Crypto Securities Wait in Limbo for Launch

Wall Street watchdog FINRA has sat for as long as 12 months on roughly 40 broker-dealer applications by blockchain startups.

Policy & regulation  ·  17 June 2019
Regulation

STO Services Startup TokenSoft Acquires Stake in Regulated Broker-Dealer

STO facilitator TokenSoft has acquired interest in a regulated broker-dealer to provide services that were previously impossible for the firm.

Policy & regulation  ·  13 December 2018