Kimber Digital Securities Receives SEC Registration and Finra Approval as Broker-Dealer on Nov 11

According to CoinDesk, Kimber Digital Securities (KDS), affiliated with RWA company Kimber Labs, completed SEC registration and received U.S. Financial Industry Regulatory Authority (Finra) membership approval on November 11, establishing itself as a broker-dealer.

The company stated that registration enables KDS clients to access the U.S. Depository Trust Company (DTC). Once operational, investors will be able to hold digitized securities including stocks, ETFs, and bonds in self-custodied wallets while retaining DTC record-keeping access. KDS will also support stablecoin-based, SEC-regulated yield products.

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.