Prometheum subsidiary receives FINRA approval for digital asset certified custody

Prometheum subsidiary Prometheum Ember Capital has acquired approval from the Monetary Business Regulatory Authority (FINRA) as a particular function broker-dealer (SPBD) for digital asset securities. This approval permits Prometheum to custody digital asset securities on behalf of retail and institutional purchasers.

FINRA’s designation of Prometheum Ember Capital as an SPBD makes it a certified custodian, topic to provisions of america Trade Act of 1934. It’s the first agency to supply digital asset custody as a certified custodian. FINRA is the self-regulatory physique of the U.S. securities trade. Different digital asset custody suppliers have state licenses.

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