Securitize Gains Approval for Tokenized Securities Transactions

Securitize, a platform for tokenizing real-world assets (RWA), has received approval from the U.S. Financial Industry Regulatory Authority. According to Foresight News, this approval allows its subsidiary, Securitize Markets, to custody tokenized securities with regular broker-dealers, enabling atomic transactions and on-chain clearing and settlement of trades between tokenized securities and stablecoins. Additionally, Securitize Markets is authorized to act as an underwriter and sales group participant for primary and secondary offerings of tokenized securities.