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Uphold Got FINRA's Nod To Acquire Broker-Dealer JNK Securities
Summary: Uphold, the crypto wallet and trading platform announced that the US Financial Industry Regulatory Agency (FINRA) has approved its acquisition of broker-dealer JNK Securities. Uphold will become one of the first cryptocurrency companies to have a broker-dealer. After the acquisition, the firm can issue fractional equities in the United States later this year and provide ...
Uphold, the crypto wallet and trading platform announced that the US Financial Industry Regulatory Agency (FINRA) has approved its acquisition of broker-dealer JNK Securities.
Uphold will become one of the first cryptocurrency companies to have a broker-dealer. After the acquisition, the firm can issue fractional equities in the United States later this year and provide users with trading services between cryptocurrencies, stocks, carbon credits, precious metals and other assets.
CEO JP Thieriot said: "Bitcoin to Tesla stock in one seamless user experience will soon become a reality for our U.S. customers. The move will introduce unprecedented speed and convenience for retail investors seeking to trade between traditional and emerging asset classes."
By Mary Liu
Tags: Bitcoin,Cryptocurrency,FINRA,JNK Securities,Uphold
Link: Uphold Got FINRA's Nod To Acquire Broker-Dealer JNK Securities [Copy]
