This May 4, the leading platform in real-world asset (RWA) tokenization, Securitize, marked a regulatory milestone by receiving approval from FINRA to expand its custody capabilities. Through its subsidiary Securitize Markets, the firm becomes the first comprehensive broker-dealer in the United States authorized to custody tokenized securities under a conventional membership structure. This authorization, obtained through the “Continuing Membership Application” (CMA) process, allows the company to manage the full lifecycle of digital assets, from issuance and brokerage to secure custody on the blockchain.
This is a transformative decision for the institutional sector, as it enables the implementation of “atomic settlement.” This process allows for the simultaneous exchange of tokenized shares for digital dollars in a single on-chain transaction, eliminating the delays of traditional T+1 or T+2 cycles and drastically reducing counterparty risk. With these new powers, Securitize will act not only as a custodian but also as an underwriter for tokenized initial public offerings (IPOs) and secondary offerings, integrating Wall Street infrastructure directly into blockchain technology.
This evolution consolidates the necessary infrastructure for public companies to issue digital shares with full voting rights and dividends in a regulated manner. The next step for Securitize will be to complete its strategic merger with Cantor Equity Partners II to list on Nasdaq under the ticker CEPT, driving a new era where tokenization becomes the base layer of global capital markets.
Source:https://goo.su/KYFp
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