Broker Dealers

The SEC’s Crypto Task Force is advancing custody rules intended to clarify how broker-dealers and investment advisers can handle crypto assets. The effort is part of a broader push to integrate blockchain-based assets into existing securities market structures while Congress remains without a settled framework.

Uphold has reduced its global workforce by 17% as the digital asset platform redirects resources toward its enterprise business. The company says offices remain open and customer services continue as demand from banks, fintechs and broker-dealers grows.

Dinari and tZERO are combining technology and regulated market infrastructure to help broker-dealers offer tokenized U.S. equities. The partnership lands as financial firms debate whether blockchain-based stocks should be synthetic, issuer-sponsored or backed directly by underlying shares.