The evolution of digital markets

Digital markets are reshaping financial services

Digital asset securities are advancing the shift from electronic to digital markets, enabling greater operational efficiency, capital efficiency, and faster settlement.

Markets are in the midst of a major digital transformation. Digital asset securities—which include both (1) crypto that qualify as securities and (2) traditional securities issued on a blockchain—are unlocking a new wave of efficiencies similar to when securities moved from paper certificates to electronic registers.

Potential benefits of 'digital markets' include:

Chart showing the evolution of markets from Paper Trading, to electronic, then digital.

Digital markets are reshaping financial services

Digital asset securities are advancing the shift from electronic to digital markets, enabling greater operational efficiency, capital efficiency, and faster settlement.

Markets are in the midst of a major digital transformation. Digital asset securities—which include both (1) crypto that qualify as securities and (2) traditional securities issued on a blockchain—are unlocking a new wave of efficiencies similar to when securities moved from paper certificates to electronic registers.

Potential benefits of 'digital markets' include:

Chart showing inefficient paper tradingDown arrowChart showing somewhat efficient electronic tradingDown arrowChart showing very efficient digital trading

Barriers to digital markets

Digital asset securities growth  is bottlenecked by market infrastructure, regulatory , and distribution challenges.

Incompatible Markets

Current traditional financial market infrastructure is not compatible with DAS.

Regulatory Hurdles

A DAS public market infrastructure through an SEC-registered FINRA member that offers trading and custody for securities on the blockchain does not exist

Limited Distribution

In the U.S., DAS product issuers - outside of crypto exchanges - are challenged by regulatory ambiguity around distribution outside of direct sales to investors.

Prometheum’s purpose-built digital asset securities solution

Solving for Incompatible Markets

Prometheum has developed advanced market and custodial technology by taking aspects of traditional and digital markets to build a full-service digital assets securities ecosystem.

Flow of digital asset securities into special purpose broker dealer and back out to traditional markets

What is a Special Purpose Broker-Dealer?

A Special Purpose Broker-Dealer (SPBD) license is a regulatory framework introduced in the United States by the Securities and Exchange Commission (SEC) in 2020 to address the unique challenges of handling digital asset securities. It is designed to enable broker-dealers to custody and transact in security tokens subject to federal securities laws.

Solving for Regulatory Hurdles

Prometheum ATS and Prometheum Capital are FINRA members and SEC-registered broker-dealers providing digital asset securities trading, custody, settlement, and clearing services

Prometheum ATS Logo

Marketplace

+

Prometheum Capital Logo

Custody, Settlement & Clearing

Blockchain icon

Public DAS Markets Enabled by ProCap + ATS

Operating under federal securities laws (FSLs)

Solving for Limited Distribution

Institutions, retail, market makers, buy- and sell-side firms, issuers and more will have access to an integrated market operating as a SEC-registered broker and FINRA member.