Prometheum


Opinion

On-Chain Investment Funds: Beware of Greeks Bearing Gifts

Some on-chain investment funds may arrive packaged as “innovation” but conceal higher costs, weaker protections, or unnecessary complexity, Prometheum’s co-CEO Aaron Kaplan argues.

Statue of an ancient Greek soldier (Javier Rincon/Unsplash/Modified by CoinDesk)

Finance

Prometheum Eyes U.S. Tokenization Boom With Acquisition and Fully Regulated Stack

The firm has acquired a broker-dealer and launched a SEC-registered digital transfer agent as competition heats up in the tokenization sector.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

Policy

New SEC Chief Atkins Says Agency Doesn't Have to Wait to Impose Crypto Policy

In his first public appearance as SEC chairman, Paul Atkins opened the latest crypto roundtable in the agency's Washington headquarters.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

The controversial company is open for custody of digital securities, adding Optimism and The Graph to its list, though most of the industry disagrees on securities labels for most tokens.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

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Policy

Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight

The company expects to launch wider crypto securities services next year, it said, joining controversial firm Prometheum as a potentially U.S.-compliant digital assets securities firm.

The ranks of crypto special-purpose broker dealers under the Securities and Exchange Commission's watch has expanded to two, now including tZero, the company said. (CoinDesk)

Policy

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities

The SEC-registered crypto platform is expanding its custody operation beyond Ethereum's ETH, and that means it would be holding UNI and ARB as securities.

Aaron (pictured) and Benjamin Kaplan, Co-CEOs of Prometheum, are expanding their custody scope for crypto securities. (Suzanne Cordiero/Shutterstock/CoinDesk)

Policy

Prometheum's Contentious Answer to Crypto Compliance Is Running Late

The startup's plan to launch a custody operation followed by SEC-compliant crypto trading missed its first-quarter target, but the firm says it's just finishing up some technical work.

Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)

Policy

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.

Coinbase is getting set to tell a judge why the U.S. Securities and Exchange Commission, under Chair Gary Gensler, has improperly picked a legal fight with the exchange. (Jesse Hamilton/CoinDesk)

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Policy

Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

The much-debated crypto firm hired an experienced Wall Street hand who handled regulatory policy in his last job and also worked for Goldman Sachs and Fidelity.

Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)

Opinion

Ether’s Prometheum Test

The “only U.S.-registered crypto securities platform" is listing ETH in a bold test of the U.S. Securities and Exchange Commission's thesis that most cryptocurrencies are securities.

(Jesse Hamilton/CoinDesk, modified)

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