Securitize becomes first firm cleared by FINRA to underwrite tokenized IPOs and custody on-chain securities.

FINRA has approved Securitize to act as underwriter for tokenized IPOs and secondary offerings — making it the first firm to hold full-stack on-chain IPO infrastructure status under a regulated broker-dealer framework. The approval covers both underwriting and selling-group activities, giving Securitize capabilities that mirror what a traditional investment bank does for public offerings, but natively on blockchain rails.

Critically, FINRA also cleared Securitize Markets, its broker-dealer subsidiary, to custody tokenized securities directly — enabling atomic swaps between tokenized stocks and stablecoins without the multi-step, multi-intermediary settlement process that has historically slowed such transactions. CEO Carlos Domingo described the custody approval as a "foundational unlock" that lets markets run at blockchain speed inside a regulated environment.

The milestone lands as…