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:
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:
Digital asset securities growth is bottlenecked by market infrastructure, regulatory , and distribution challenges.
Current traditional financial market infrastructure is not compatible with DAS.
A DAS public market infrastructure through an SEC-registered FINRA member that offers trading and custody for securities on the blockchain does not exist
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 has developed advanced market and custodial technology by taking aspects of traditional and digital markets to build a full-service digital assets securities ecosystem.
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.
Prometheum ATS and Prometheum Capital are FINRA members and SEC-registered broker-dealers providing digital asset securities trading, custody, settlement, and clearing services
Marketplace
+
Custody, Settlement & Clearing
Public DAS Markets Enabled by ProCap + ATS
Operating under federal securities laws (FSLs)
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.