Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product

Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product


Prometheum is seeking to blaze a new trail as an SEC-compliant crypto firm, beginning with a custody operation that intends to start its business by holding customers’ ETH. The company’s executives say the firm will follow with a number of other tokens before launching its trading operations, targeting the second quarter of 2024 to open its doors.

Prometheum Inc. – still standing alone as the only U.S.-registered crypto securities platform – has disclosed that the first digital asset it’ll handle for clients will be Ethereum’s ether (ETH).

The company, which has been a target of industry criticism and debate, hasn’t yet taken in any

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