Prometheum Launches Solutions for Tokenized Securities Distribution
- Prometheum launched Digital Brokerage Solutions to help broker-dealers offer crypto assets.
- The firm operates a network of SEC-registered and FINRA-member broker-dealers supporting the lifecycle of blockchain-based securities.
- Kaplan emphasized that while tens of billions in tokenized securities exist, there is minimal mainstream distribution to investors.
- Prometheum aims to connect issuers with institutional channels, allowing traditional firms to access the digital asset market.
- The company has onboarded clients like Arete Wealth Management and Network 1 Financial Securities for its correspondent clearing services.
Prometheum’s platform seeks to modernize the distribution of tokenized securities through established financial networks, enabling broker-dealers and RIAs to offer digital assets directly to investors. This approach addresses a critical gap in the market for blockchain-based investment products.
With its recent launch, Prometheum positions itself as a key player in facilitating access to the growing market for tokenized securities, aiming to bridge traditional finance with digital assets effectively. (Source)
