Blockchain Platform for Securities Receives Approval from SEC
Shutterstock/Mark Van Scyoc
Main page News, Fintech, Tech, Blockchain, SEC, Crypto Market
Hot topic
Sept. 24, 2019
53 53

The trusted global solution for issuing and managing compliant digital securities on the blockchain Securitize has received approval from the US Securities and Exchange Commission, Finextra reports.

From now on, Securitize can act as a transfer agent for digital securities as well as for issuers of Reg A+ and Reg CF digital securities.

At this moment, Securitize is the first and only SEC-registered transfer agent with a blockchain protocol, active issuers, and integrations that allow digital securities powered by Securitize’s DS protocol to be traded on SEC-registered alternative trading systems.

Carlos Domingo, Co-Founder and CEO of Securitize claims Securitize has consistently led the market through its execution and commitment to delivering on the promise of compliant digital securities on the blockchain.

"Becoming a registered transfer agent is the natural next step for Securitize as we continue to work toward making all securities digital," added Domingo.

Earlier iHodl reported that Kik Interactive, the US-based startup behind messaging app Kik, decided to shut down its app and focus on its own cryptocurrency in order to survive the battle with the SEC.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close