Welcome to Prometheum
Creating the world's first blockchain ecosystem for the fully compliant issuance, trading, clearing & settling of tokenized securities.
What is Prometheum
Tokens where investors seek investment profits have been declared securities by the SEC. The underlying infrastructure for the issuance and transaction of security tokens does not exist. Prometheum believes a vertically integrated security token blockchain infrastructure is the pathway to modernizing capital formation.
Prometheum is creating the necessary blockchain infrastructure for an ecosystem of security tokens. The Prometheum Network will serve as the smart contract-enabled blockchain where all securities token processes will occur - from issuance to trading through clearing and settling.
No Action Letter
The request to the SEC for no-action (the "No-Action Letter"), if the SEC concurs, will enable authorized broker-dealers to hold security tokens for custody and safekeeping under the Customer Protection Rules (15c3-3)
The White Paper sets out Prometheum’s technology and business infrastructure
December 19, 2018 - Press Release
Prometheum Raises $12mm From HashKey Digital Asset Group, Signs Strategic Partnership with Wanxiang Blockchain Labs
Reg A public filling/indication
of interest page goes live
Reg D institutional offering
Strategic Partnership with Manorhaven Capital
Updated white paper and partnership announcements
Ember Token Reg A
offering goes live
All timeframes are estimates and subject to change
Indication of Interest
Ember is the first Smart Security Token (SST) created on the Prometheum Network. It’s a fully compliant security token, and the first SST created with the Ember-X protocol. Ember provides the transaction-based fuel for the entire ecosystem (all Prometheum Blockchain transactions are paid for in MBR).
Prometheum intends to own the licensed BD and ATS allowing for compliant purchasing, trading and processing of security tokens on the Prometheum Blockchain. Prometheum will be responsible for the ongoing development of software that will allow qualifying broker-dealers to participate in the Prometheum Network via its ATS and intends to offer primary token issuances to their respective clients.
Service providers and decentralized applications (DApps) can develop additional securities services that operate on the Prometheum Blockchain. All traditional brokerage processes are open to anyone who wants to engage in use of the network.
Prometheum's offering is only appropriate for investors who are familiar with, and willing to accept, the high risk associated with security tokens. The purchase of tokens and cryptocurrencies are particularly risky and may result in the total loss of capital invested. The technology and business infrastructure proposed for the Prometheum Network (i.e. "White Paper") is subject to change, regulatory uncertainty and implementation failures. If and when launched, the Prometheum Network may not be favorably received, resulting in its tokens having low or no value. Past performance of a network or cryptocurrency is not indicative of future events. Only investors who understand the risks of speculative investing in new classes of securities should invest in Prometheum.
Prometheum Investors are urged to check with their financial advisors to be sure that any investments, advice, products and/or services offered by Prometheum are right for them.