Prime Trust, the state-regulated custodian that holds Securitize Markets investors’ cash deposits unexpectedly paused the processing of deposits and withdrawals due to a regulatory action in Nevada. This has temporarily impacted Securitize in several ways, which we will address below. 

Securitize Markets’ operations are temporarily affected in the following ways: our Cash Balance feature and secondary trading through the Securitize Markets alternative trading system have been paused, and we are accelerating our transition to a new custodian.

Digital asset securities (security tokens) are not affected as they are held by Securitize, LLC, not Prime Trust. Though trading is temporarily paused, investors may still move digital asset securities (security tokens) to their personal wallet online at securitize.io.

Securitize’s broker-dealer is operational, with the exception of the alternative trading system. There is no disruption to primary market investing or to Securitize transfer agency customers.

We apologize for any inconvenience this may cause, and appreciate your patience as we accelerate our existing transition to a new custodian. Please contact  investorsupport@securitize.io with any support needs.