Wednesday March 03, 2021
Bitcoin (BTC) $48,283.00   Ether (ETH) $1,496.50
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Blockchain Assets

Uphold expands access to security tokens through broker-dealer acquisition

Published by CryptoNinjas.net
06/27/2018
Uphold expands access to security tokens through broker-dealer acquisition

Uphold, a digital money platform announced today they reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. Concurrently, the Uphold team has filed an application with the Financial Industry Regulatory Authority (FINRA) for the approval of the change of ownership and business expansion.

If the application is approved, the extension of the broker-dealer registration will encompass Uphold’s securities and security-token business and expand its compliance footprint, customer base, and service offering.

The acquisition will also offer JNK clients access to all of Uphold’s crypto to fiat trading pairs and assets, introducing the Uphold platform to a new group of institutional investors.

The Uphold team said:

“We have kept a close eye on statements from global regulators regarding virtual currencies and tokens and believe that many crypto assets (particularly ICO tokens) may be treated as securities in some cases. Broker-dealer and ATS coverage is key to protecting our customers and to building a preeminent financial services ecosystem. We are proud to be a compliant financial services company, working with regulators to ensure we provide the most trusted and transparent access to digital financial services worldwide.”

Through this new securities division, Uphold is endeavoring to be able to offer sales and trading of ICO tokens and fractional equities and provide other exchange services, under the oversight of the SEC and FINRA. Additionally, with the acquisition of JNK, Uphold can improve its compliance and regulatory policies and practices.

FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Uphold launching crypto debit cards in Europe following acquisition
Crypto Payments

Uphold launching crypto debit cards in Europe following acquisition

02/03/2021
Uphold enters $57.5 million partnership to increase loss assurance
Token Offerings/Listings

Uphold lists physical-gold backed token issued by the Universal Protocol Alliance

07/30/2020
Unhold Cryptoninsa
Crypto Payments

Bitcoin supported payment firm Uphold expands presence in Portugal

07/15/2019
Crypto donation platform GiveTrack by BitGive now live on Uphold
Vendor Technology

Crypto donation platform GiveTrack by BitGive now live on Uphold

04/18/2019
Ternary Intelligence and Uphold launch ‘Hedged Bitcoin’ investment strategy
Bitcoin

Ternary Intelligence and Uphold launch ‘Hedged Bitcoin’ investment strategy

12/17/2018
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
CasinoCoin to migrate to XRP Ledger amidst rebranding

CasinoCoin to migrate to XRP Ledger amidst rebranding

03/01/2021
Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

03/01/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Komodo's AtomicDEX stress test proves success as a scalability solution

Komodo’s AtomicDEX proves success as a scalability solution with stress test complete

02/26/2021
Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

Crypto services firm BCB Group raises $4.5M led by North Island Ventures and Blockchain.com Ventures

03/02/2021
DEX aggregator 1inch integrates Bitquery's API-powered crypto trading data

DEX aggregator 1inch integrates Bitquery’s API-powered crypto trading data

03/02/2021
Crypto exchange BiKi cooperates with Hacken on security test

Crypto exchange BiKi cooperates with Hacken on security test

03/02/2021
Binance makes strategic investment in crypto hedge fund Multicoin Capital

Binance makes strategic investment in crypto hedge fund Multicoin Capital

03/02/2021
Crypto investment platform Unchained Capital closes $5.5M funding round

Crypto investment platform Unchained Capital closes $5.5M funding round

03/02/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version