Press Release
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May 27, 2025
New York, NY – May 27, 2025 – (BUSINESS WIRE) – Prometheum Inc. (“Prometheum”), a market infrastructure provider for blockchain-based securities, today announced the registration of Prometheum Coinery LLC as a digital transfer agent with the U.S. Securities and Exchange Commission (“SEC”), and the acquisition of ProFinancial Inc., an SEC-registered and FINRA member broker-dealer.
With these additions, Prometheum will support the complete lifecycle of securities issued and transferred on the blockchain – from capital formation and tokenization to secondary market trading, custody, clearance, and settlement – through its network of SEC-registered and FINRA member broker-dealer affiliates.
“Financial institutions are increasingly exploring how to issue and distribute securities and investment funds on-chain without stepping outside the bounds of U.S. securities laws,” said Aaron Kaplan, founder and co-CEO of Prometheum Inc. “But in today’s market, blockchain issuance alone isn’t enough – firms need infrastructure that mirrors the functionality of capital markets. With these additions, Prometheum empowers issuers with a vertically-integrated solution for capital formation, qualified custody, secondary trading, and post-trade services – all within the framework of U.S. securities laws.”
Prometheum Coinery will provide on- and off-chain shareholder recording and will facilitate corporate actions such as dividend distributions and governance processes. ProFinancial, a broker-dealer authorized to conduct primary sales of equity, debt, mutual funds, and other securities products, will enable capital formation for product issuers.
These new capabilities complement Prometheum ATS and Prometheum Capital, which will provide services for on-chain securities trading, custody, clearing, and settlement. Through its SEC-registered and FINRA member broker-dealers, Prometheum offers a unified platform for issuers and investors to access blockchain-based investment products within the framework of U.S. securities regulations.
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About Prometheum, Inc.
Prometheum Inc. supports the full lifecycle of securities on the blockchain through its broker-dealer network and market infrastructure for the issuance, trading, and custody of blockchain-based securities. Its subsidiary broker-dealers include Prometheum ATS (secondary market trading), Prometheum Capital (custody, clearing, and settlement), Prometheum Coinery (digital transfer agent), and ProFinancial (capital formation and distribution). For more information, please visit https://www.prometheum.com.
MEDIA CONTACT:
Jon Brubaker
Digital asset securities may not be suitable for all investors.
Digital asset securities may not be suitable for all investors. Investors should note that investing or trading in digital asset securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, and no assurance of liquidity, which could impact their price and the investor's ability to sell, and possible loss of principal invested. There is always the potential of losing part or all of your money when you invest in digital asset securities. Not SIPC or FDIC insured
Regulatory changes may impact digital asset securities. Current and future legislation, SEC and CFTC rulemaking, and other regulatory and legal developments may impact the manner in which certain digital assets securities we are custodying are classified. The SEC has stated that certain digital assets may be considered “securities” under the federal securities laws. To the extent that any of the digital asset securities we are currently custodying are not deemed to be securities in the future we may not be permitted to continue to custody said securities.
Non-solicitation
This press release is issued for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Prometheum Inc., Prometheum ATS, and Prometheum Capital (collectively “Prometheum’’), or any other third party regardless of whether such security, product, or service is referenced in this press release.
Forward-looking statement
Statements herein that are not historical or current fact are “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. These forward-looking statements are subject to numerous uncertainties and factors relating to the Company’s proposed business and operations, as well as uncertainties relating to capital markets, some of which are difficult to predict and many of which are beyond the Company’s control. Any forward-looking statements herein are based upon information available to the Company on the date this was first sent by the Company. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized.
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