The Financial Industry Regulatory Authority Inc. has approved the broker-dealer status of Gemini Galactic Markets, an affiliate of Gemini Trust Co., which is controlled by twins Cameron and Tyler Winklevoss.
As a result of the approval, Gemini Galactic can operate an alternative trading system, which will facilitate the trading of digital asset securities, it said in a blog post on its website.
The initial securities to be traded on the platform include private placements, and may eventually include public offerings, John Reinhardt, Gemini’s director of custody operations, told the website CoinDesk.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.