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Prometheum bets Wall Street distribution is the missing link for tokenized securities

CoinDesk
Prometheum is launching infrastructure to bridge the gap between blockchain-based assets and traditional Wall Street broker-dealer distribution networks.

Summary

Prometheum aims to revolutionize tokenized finance by focusing on distribution through traditional broker-dealers and registered investment advisers rather than crypto-native exchanges. The firm has launched Digital Brokerage Solutions, a suite of services designed to integrate blockchain-based assets into existing brokerage accounts. By leveraging SEC-registered and FINRA-member infrastructure, Prometheum enables traditional financial firms to offer tokenized securities while maintaining established regulatory protections and compliance standards.

(Source:CoinDesk)