Uphold to acquire JNK Securities

Thursday 1 April 2021 12:29 CET | News

Uphold, a digital money platform, has announced the regulatory approval for its acquisition of JNK Securities, a US-based broker dealer.

The approval by the Financial Industry Regulatory Authority (FINRA) means that Uphold is one of the cryptocurrency companies to own a broker dealer approved to offer equities on an omnibus basis to retail investors in the US.

Uphold plans to launch fractional equities in the US later in 2021 and to pioneer trading between cryptocurrencies, US stocks, precious metals, carbon credits, FX products, and other assets, all through a single interface.

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Keywords: acquisition, cryptocurrency, retail, FX
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies