Securitize Goes License Shopping With Acquisition of SEC-Registered Broker-Dealer: Author – CFR

Reported By: CryptoFundReport.com

CoinDesk – The firm signed an agreement to purchase Distributed Technology Markets (DTM), a broker-dealer and alternative trading system registered with the U.S. Securities and Exchange Commission (SEC) and the U.S. Financial Industry Regulatory Authority (FINRA).  As part of the acquisition, Securitize will also acquire Velocity Platform, a money services business with licenses in several states. Both DTM and Velocity Platform are owned by parent company Velocity Markets.

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