Prometheum

We’re excited to announce the addition of the following #digitalassetsecurities, Uniswap (UNI) and Arbitrum (ARB), to the Prometheum Capital custodial platform. Institutional and corporate clients will be able to custody Uniswap (UNI), Arbitrum (Arb) and Ethereum's Ether (ETH) token with Prometheum Capital. Together, these tokens have a market cap of nearly $320 billion and are all amongst the top 50 digital assets by market cap. More details can be found here: https://lnkd.in/guxh_5Bb

We are thrilled to announce that Jacek Bugaj has joined Prometheum as head of product as we build the future of digital markets. “Prometheum’s commitment to innovation, within the framework of established federal securities laws, aligns with my belief that regulated environments enhance technological advancements," said Bugaj. Jacek brings with him two decades of capital markets and fintech experience most recently with Two Sigma and IHS Markit, focused on advancing modernizing infrastructure and guiding firms through regulatory market changes. Read more about Jacek’s appointment here: https://lnkd.in/gCcYpDMN #blockchain #digitalassets #digitalassetsecurities #digitalsecurities

Galois Capital’s settlement with the SEC over custody failures sends a clear message to RIAs: Crypto assets must be safeguarded by a #qualifiedcustodian. The SEC is raising the bar on custody standards for #digitalassets. Dive into Co-CEO Aaron Kaplan’s insights on how this shapes the future of digital asset custody. https://lnkd.in/ggQqDFxQ #Crypto #RIA #digitalassetsecurities

The question of 'What is a Digital Asset Security' was raised this week on Capital Hill. To Prometheum, digital asset securities represent the future of how securities will be traded, which is why we are building the required market structure to enable that future. Our co-CEO Aaron Kaplan discusses this topic, and more, with Duke's Lecturing Fellow Lee Reiners, CFA on his podcast earlier this year. https://lnkd.in/du3vAPZN #digitalassetsecurities #digitalsecurities

#SEC's Mark Uyeda called for tailored registration disclosures for #crypto, a crucial step forward for firms seeking to publicly issue #digitalassets. This shift, along with utilizing #blockchain data for ongoing disclosure, would offer a viable path for digital-asset issuers seeking to comply with securities laws, according to our co-CEO Aaron Kaplan. Read Aaron's full thoughts here. https://lnkd.in/gZgfn93a #digitalassetsecurities #digitalsecurities

Prometheum Capital has launched our full custody service for #digitalassetsecurities. Financial institutions, corporations, and institutional investment firms can now custody digital asset securities through Prometheum Capital, a FINRA member firm and SEC-registered Special Purpose Broker-Dealer (“SPBD”) for digital asset securities. Ether (ETH), Uniswap (UNI), Arbitrum (ARB), Optimism (OP) and The Graph (GRT) are available for custody, with plans to add more assets soon. Learn more: https://lnkd.in/gu7Ti-3G #digitalassets #digitalsecurities #digitalfinance #SPDB #blockchain #tokenization #qualifiedcustodian

Prometheum Inc’s co-CEO’s Aaron and Benjamin Kaplan will be speaking at #HWLeadershipSummit, discussing the impact of #DigitalAssetSecurities on the hedge fund industry. From tokenizing traditional assets to how Qualified Custodians impact compliance strategies, this session will explore the latest trends in institutional access to digital assets. Register at: https://lnkd.in/gkcP9VEj #HedgeFunds #Blockchain #Tokenization

Recent SEC action against Galois Capital is one of the first actions tied to the new qualified custodian requirements. Hedge funds, RIAs, and investment management firms must carefully assess where they custody digital asset securities to ensure compliance with these updated standards. Prometheum Capital is a “qualified custodian” and is registered as a broker-dealer with the SEC. #DigitalAssets #Compliance #QualifiedCustodian #SEC https://lnkd.in/gf4A7n8c

#Blockchain can transform finance—but only if we let it. Say goodbye to outdated processes and embrace the future. Check out Prometheum Co-CEO Aaron Kaplan's article on CoinDesk to learn more. https://lnkd.in/e8Jipmh8 #digitalassets #digitalassetsecurities #digitalfinance