TLDR Crypto · MARKETS & BUSINESS
PROMETHEUM GETS THE GO-AHEAD FROM FINRA TO OFFER DIGITAL ASSET SECURITIES CLEARING SERVICES
Summary from the TLDR Crypto newsletter
Digital asset firm Prometheum has obtained approval from FINRA to launch digital asset securities clearing and settlement services. The firm plans to offer custodial services to institutional clients, including asset management firms and hedge funds. The approval comes as the SEC continues to battle with industry participants like Coinbase on the topic of registration.