Prominent crypto exchange and digital wallet provider Coinbase announced on July 16th that they had officially been greenlit by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list security tokens on their exchange.News outlets reported Coinbase was also working to secure licenses to provide broker-dealer, alternative trading system, and registered investment advising services, and that they may work to tokenize traditional financial assets in the future.​ That announcement was corrected one day later by a Coinbase spokeswoman.