Austin-based Ironlight, which is building a regulated marketplace for tokenized securities, raised a $21M Series A; its platform received FINRA approval in 2025
Austin-based Ironlight, which is building a regulated marketplace for tokenized securities, raised a $21M Series A; its platform received FINRA approval in 2025
Ironlight, which is building a regulated marketplace for tokenized securities, raised $21 million in Series A funding …
A FINRA review of 500+ crypto-related retail communications finds that 70% of them contained claims that are false, misleading, or otherwise violated its rules
Turner Wright / Cointelegraph :
SEC-backed FINRA approved two crypto-related companies, like broker-dealer Prometheum Capital, which defined some tokens as securities to comply with SEC rules
Jesse Hamilton / CoinDesk :
Robinhood closes down 8% on its first day of trading, after raising $2.1B in its IPO at a valuation of around $32B
will users ‘age out’ of the app? Finextra : Robinhood prices IPO at $32bn valuation Timothy Craig / Crypto Briefing : Robinhood IPOs Amid Uniswap Partnership Rumors Crunchbase News : Throw The Confett...
Financial Industry Regulatory Authority fines Robinhood $70M for misleading customers and system outages, the biggest fine it has ever imposed
the largest fine the agency has ever imposed — over systems outages and customers being approved to trade options when it was not “appropriate” for them to do so. https://www.nytimes.com/... @kslinves...
Sources: SEC, FINRA are probing Robinhood's handling of March outage; in H1 2020, FTC received over 3x more complaints about Robinhood than rivals like Schwab
more than all of its major competitors combined. Bloomberg gets the goods on just how much dissatisfaction the app is facing from customers and regulators. https://www.bloomberg.com/... Sonali Basak /...
Sources: FINRA has stalled for months in responding to roughly 40 applications from companies needing licenses for dealing in crypto assets in US
Nikhilesh De / CoinDesk :
Coinbase says SEC and FINRA have given it the green light to list coins deemed to be securities by approving three acquisitions, including Keystone Capital
Lily Katz / Bloomberg :