Prometheum Inc. expands its blockchain securities infrastructure with the registration of Prometheum Coinery LLC as a digital transfer agent and the acquisition of ProFinancial Inc., an SEC-registered broker-dealer.
The additions will enable Prometheum to support the complete lifecycle of securities issued and transferred on the blockchain, covering capital formation, tokenization, secondary market trading, custody, clearance, and settlement.
Prometheum aims to provide a vertically-integrated solution for capital formation, qualified custody, secondary trading, and post-trade services within the boundaries of U.S. securities laws.
The newly added capabilities of Prometheum Coinery and ProFinancial complement existing services of Prometheum ATS and Prometheum Capital, allowing issuers and investors access to blockchain-based investment products while complying with U.S. securities regulations.