Prometheum is creating a regulated market infrastructure that leverages the blockchain for issuance, trading, clearing, settlement and custody in compliance with the Federal Securities Laws
The Prometheum Network is transforming the financial industry with blockchain-powered tools for offering, distribution, trading, clearing, settlement and custody of digital assets. The Prometheum Network brings investors, traders, issuers, broker-dealers, validators, DApp developers and partners together.
For the first time, companies will be able to raise capital by offering blockchain securities to the general public on Prometheum’s Regulation A+ issuance platform.
Prometheum's Alternative Trading System (ATS) will provide liquidity for blockchain securities issued on our platform. All types of investors and traders will be able to buy and sell blockchain securities online by using this SEC/FINRA approved electronic market.
The Prometheum Network uses smart contracts to automate back-office functions, reducing overhead costs. That means blockchain securities issued and traded on our network maintain their utility value on our blockchain.
Accredited and non-accredited investors will be able to invest in blockchain securities offerings and trade on our electronic market.
Active Traders
Prometheum’s online trading platform will provide real-time market data, research, charts, instant execution, rapid order entry, night mode, keyboard order entry, and an API.
Issuers
Companies become issuers on the Prometheum Network by raising capital using Regulation A+ to offer their blockchain securities to the general public.
Broker-Dealers
By joining the Prometheum Network, FINRA registered broker-dealers can offer their customers access to compliant blockchain securities as a new asset class.
Validators
Validators will be rewarded with our Ember tokens for running nodes on the Prometheum Network that verify transactions written to our blockchain.
DApp Developers
Distributed Application (DApp) developers, enterprise developers and systems integrators can integrate their blockchain securities with our blockchain by using Prometheum’s smart contracts, digital tools and other technology.
What Makes it Possible
Issuers are generally discouraged from making conventional public offerings as a result of costs, legal concerns and accounting difficulties. Instead, Prometheum relies on Regulation A+ to streamline and minimize requirements for this process. Sometimes referred to as a “mini-IPO,” Regulation A+ enables companies to issue free trading blockchain securities to all investors, accredited and non-accredited.
Regulation
Type
Reg A+
Raise
Amount
$50mm/yr
Must be
Accredited
No
Open
to Retail
Yes
SEC Review
Period
4-6 months
Free Trading
Yes
Issuers/companies can raise up to $50mm (Legislation proposes increasing to $75mm)
All investors, including non-accredited investors, can participate
Regulation A+ blockchain securities offerings have no trading restrictions
Issuers/companies can advertise their offering to the public
Reduced costs for legal, accounting and related professional services
