The provider of mobile payment solutions Uphold announced the purchase of JNK Securities Corp, a member of the New York Stock Exchange, as well as the filing of an application to replace the owner of the organization in the Agency for Regulation of Financial Institutions (FINRA). This is stated in the official blog of Uphold.
If the application 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 trading pairs of crypto currency / Fiat, supported by the platform.
This agreement furthers Uphold’s mission to enable people all over the world to hold any form of money, commodity, or utility tokens securely, and to be able to transact seamlessly. I’m excited to welcome JNK to the Uphold team and continue to create a trusted digital currency platform that gives our members secure and compliant access to digital and traditional currencies.
The company is convinced that the activities under the supervision of the Securities and Exchange Commission (SEC) and FINRA will provide customers with reliable, transparent and secure access to digital assets.