Crypto platform Uphold acquires NY-based broker-dealer

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5 months ago
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On June 27, digital money exchange Uphold announced that it has reached an agreement to buy JNK Securities Corp. – a member of NY Stock exchange. Currently, the company is waiting for the Financial Industry Regulatory Authority approval to change the ownership.

If the the request is approved, Uphold will be able to legally provide its users with the opportunity to trade shares and security-tokens. JNK Securities clients will also have access to all Uphold’s crypto-to-fiat trading pairs.

The company representatives are convinced that the supervision of the SEC and FINRA will provide customers with reliable, transparent and secure access to digital assets.