Prometheum, a NYC-based market infrastructure supplier for digital asset securities, raised $20M in funding.
Backers weren’t disclosed.
The capital will assist Prometheum’s continued hiring and growth plans in 2025 because it completes the rollout of its vertically built-in, blockchain-enabled ecosystem for the buying and selling, clearance, settlement, and custody of digital asset securities by its SEC-registered and FINRA member affiliate subsidiaries, Prometheum Capital and Prometheum ATS.
The corporate intends to make use of the funds to proceed scaling its workforce in 2025 to assist the anticipated Q1 launch of its buying and selling companies by Prometheum ATS.
Led by co-CEOs Aaron Kaplan and Benjamin Kaplan, Prometheum, by its affiliate Prometheum ATS (buying and selling) and Prometheum Capital (settlement, clearing, and custody) will present an end-to-end, blockchain-enabled ecosystem for the buying and selling, clearance, settlement, and custody of digital asset securities.
The corporate achieved important progress in 2024, growing its workforce by practically 60 p.c. In September, Prometheum Capital operationalizes the SPBD license by launching its custodial companies for digital asset securities. Starting with Ethereum (ETH), The Graph (GRT), Uniswap (UNI), and Arbitrum (ARB), Prometheum Capital has established a transparent framework for the custody and post-trade processing of blockchain-issued securities below federal securities legal guidelines.
The corporate plans to proceed scaling its workforce in 2025 to assist the anticipated Q1 launch of its buying and selling companies by Prometheum ATS. This milestone, together with ongoing partnerships with main monetary establishments, will allow the event of latest blockchain-enabled monetary merchandise.
FinSMEs
17/12/2024
