TLDR Crypto · MARKETS & BUSINESS

PROMETHEUM, THE ONLY U.S.-REGISTERED CRYPTO PLATFORM, PICKS ETHER AS ITS FIRST PRODUCT

coindesk.com5 min read

Summary from the TLDR Crypto newsletter

Prometheum, the only U.S.-registered cryptocurrency securities platform, plans to start its business by holding customers' Ethereum starting next month, according to co-CEO Aaron Kaplan. The company, which recently cleared regulatory hurdles for its custody operation, aims to service a wide range of tokens and launch its trading operations by the second quarter of 2024.