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SAN FRANCISCO — Bosonic Securities, LLC, was recently approved by the Financial Industry Regulatory Authority (FINRA) to operate a broker-dealer and an Alternative Trading System (ATS) for equity and debt securities, including digital asset securities (i.e., securities that use blockchain technology). Bosonic Securities was also approved to conduct private placements of equity and debt securities, including digital asset securities that are offered and sold pursuant to Regulation A, D, and S safe harbors from registration with the U.S. Securities and Exchange Commission (SEC).
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“We believe digital asset securities are the future of financial markets and Bosonic Securities is well positioned to play a leading role in the transformation of the industry from the use of traditional ledgers to blockchain-based technology. By launching an ATS that relies on the technology developed by Bosonic, Inc., which is designed to reduce counterparty credit and settlement risk, Bosonic Securities will deliver more efficiency and lower risk than was possible previously,” said Rosario Ingargiola, CEO of Bosonic, Inc.
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William Karsh, CEO of Bosonic Securities noted, “The approval of Bosonic Securities is an important step in the evolution of the trading of digital asset securities. The company benefits from the fact that its technology was developed by its parent company specifically to solve the problems that impair the trading of digital asset securities.”
The Bosonic Securities ATS plans to commence operations in May 2023.
About Bosonic Securities
Bosonic Securities, LLC, is a technology-driven broker-dealer and ATS that uses blockchain technology to promote market efficiency for digital asset securities. Bosonic Securities is a subsidiary of Bosonic, Inc.
About Bosonic, Inc.
Bosonic, Inc., is the developer of innovative technology to facilitate the trading, clearance, and settlement of digital assets and digital asset securities with a focus on elimination of counterparty credit and settlement risk without reliance on central counterparties or other balance sheet dependent credit intermediation. Please visit https://bosonic.digital.
Bosonic Securities, Member FINRA and SIPC
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Contacts
Lawrence Litzky
Head of Marketing Operations
+1 (415) 308-2772
larry@bosonic.digital