Prometheum‘s broker-dealer subsidiary, Prometheum Ember ATS Inc., has received regulatory approval to operate its ATS, and offer accredited and non-accredited investors the ability to buy, sell and manage digital asset securities.
Prometheum ATS will integrate both traditional and blockchain technology for the trading of digital asset securities with on-chain custody and settlement provided by Anchorage Digital Bank.
Prometheum ATS offers a streamlined onboarding process by automating Know-Your-Customer (KYC) and Anti-Money Laundering (AML). Combined with a user-friendly interface, customizable charts, historical and Level 2 (depth of the book) data, Prometheum ATS will provide a complete trading experience for both retail investors and financial professionals. Importantly, Prometheum ATS seeks to ensure a fair and orderly market focusing on customer protection with advanced market surveillance and risk management systems.
“Our commitment to innovating within the US’ established regulatory framework has paid off,” said Aaron Kaplan, Founder and Co-CEO of Prometheum. “We are thrilled Prometheum ATS was approved as an ATS, and very much look forward to its launch in the coming months.”
Founded in 2017 by a group of Wall Street attorneys, Prometheum is a blockchain-focused company which proposes to build an end-to-end ecosystem for the trading of digital asset securities.
Anchorage Digital is a regulated platform that provides institutions simple and secure participation in digital assets, all integrated with custody. As the first federally chartered crypto bank, Anchorage Digital Bank NA offers an advanced digital asset platform for institutional investors and is setting a new standard for security and usability. With secure custody at its core, Anchorage offers financial solutions for today and tomorrow.