Provider of technology for issuing blockchain tokens Securitize has been registered as a transfer agent with the U.S. Securities and Exchange Administration (SEC).
The registration with the SEC means Securitize can now act as the official keeper of records about changes of ownership in securities.
“We can increase the amount of securities issued on the blockchain and give comfort to people that this is a regulated space,” said Carlos Domingo, co-founder and CEO of Securitize, told CoinBase “The SEC has also started approving other types of exempted securities like Reg A+ and down the road those people will need transfer agents.”
He revealed that the company had worked for six months to ensure the regulator accepted the submission.
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