Uphold, a leading digital money platform serving more than five million customers in more than 150 countries, today announces the regulatory approval for its acquisition of JNK Securities, a U.S. broker-dealer.

The approval by the Financial Industry Regulatory Authority (FINRA) means that Uphold is one of, if not the first cryptocurrency firms to own a broker dealer approved to offer equities on an omnibus basis to retail investors in the United States.

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

Read the full article here