<p>Gemini Galactic, an affiliate of cryptocurrency exchange Gemini, received approval from the Financial Industry Regulatory Authority (FINRA) to operate a broker-dealer registered with the SEC and is now a FINRA member. </p> <p>As a member, Gemini Galactic can operate an alternative trading system, allowing them to facilitate the trade of digital asset securities.</p> <p>The trade of digital asset securities is still a nascent space. "Gemini Galactic will leverage the existing experience and expertise in crypto assets across the Gemini family to operate a secure and compliant trading platform and offer new products to our users," <a href="https://www.gemini.com/blog/gemini-galactic-markets-approved-for-finra-membership-and-broker-dealer">said</a> the company.</p> <p>"As the digital asset industry continues to grow, we believe blockchain infrastructure will change the way companies raise money in capital markets, and the ability to provide a regulated venue for the buying and selling of digital assets that are securities will be an important part of the blockchain ecosystem," the statement said. </p> <p>Earlier this week, Gemini acquired crypto trading platform Omniex to offer more institutional services to its clientele, as The Block <a href="https://www.theblockcrypto.com/linked/130845/gemini-acquires-crypto-trading-platform-in-push-to-offer-prime-services">reported</a>. This marked the firm's second acquisition of the year, after BITRIA, a firm that offers portfolio management services. </p>