{"id":39954,"date":"2021-04-01T14:37:06","date_gmt":"2021-04-01T11:37:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39954"},"modified":"2025-08-30T11:57:30","modified_gmt":"2025-08-30T08:57:30","slug":"finra-approves-upholds-acquisition-of-broker-dealer-jnk-securities","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/finra-approves-upholds-acquisition-of-broker-dealer-jnk-securities\/","title":{"rendered":"FINRA approves Uphold&#8217;s acquisition of broker-dealer JNK Securities"},"content":{"rendered":"<p>The Financial Industry Regulatory Authority (FINRA) has approved Uphold, a mobile payments provider, to acquire the American broker-dealer JNK Securities.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">\ud83d\udce3 Uphold Update: We&#8217;re super excited to announce we&#8217;ll be one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors! Read more here \ud83d\udc49 <a href=\\\"https:\/\/t.co\/cmkxH8UyOR\\\">https:\/\/t.co\/cmkxH8UyOR<\/a><\/p>\n<p>\u2014 Uphold (@UpholdInc) <a href=\\\"https:\/\/twitter.com\/UpholdInc\/status\/1377282177923170311?ref_src=twsrc%5Etfw\\\">March 31, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to <a href=\\\"https:\/\/www.prnewswire.co.uk\/news-releases\/uphold-to-acquire-u-s-broker-dealer-jnk-securities-after-regulatory-approval-851203760.html\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\"> \u043f\u0440\u0435\u0441\u0441-\u0440\u0435\u043b\u0438\u0437\u0443<\/a>, Uphold will open access to fractional shares by the end of 2021 and will provide users with a solution for trading cryptocurrencies, securities, and precious metals<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cThe exchange of Bitcoin for Tesla stock in a single convenient user interface will soon become a reality for our clients in the United States. It will provide unprecedented speed and convenience for retail investors looking to trade traditional and new asset classes,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>In June 2018, the provider filed with FINRA an application to change the ownership of JNK Securities.<\/p>\n<p>Earlier in 2020, the U.S. Securities and Exchange Commission<a href=\"https:\/\/forklog.com\/en\/news\/sec-unveils-rules-for-broker-dealers-in-digital-securities\"> unveiled rules<\/a> for broker-dealers in the tokenized-securities space, promising not to sue them provided they comply with the standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Industry Regulatory Authority (FINRA) has approved Uphold to acquire the American broker-dealer JNK Securities.<\/p>\n","protected":false},"author":1,"featured_media":39955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1312,1211,2161,26],"class_list":["post-39954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-finra","tag-stock-market","tag-uphold","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=39954"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39954\/revisions"}],"predecessor-version":[{"id":39956,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39954\/revisions\/39956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/39955"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=39954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=39954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=39954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}