Home Finance Prometheum Subsidiary Receives FINRA Approval for Certified Custody of Digital Property

Prometheum Subsidiary Receives FINRA Approval for Certified Custody of Digital Property

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Prometheum Subsidiary Receives FINRA Approval for Certified Custody of Digital Property

Prometheum Ember Capital, a subsidiary of Prometheum, has acquired approval from the Monetary Trade Regulatory Authority (FINRA) as a Particular Goal Dealer (SPBD) for digital asset securities. This approval permits Prometheum to keep up securities of digital property on behalf of retail and institutional purchasers.

FINRA’s designation of Prometheum Ember Capital as an SPBD makes it a certified custodian, topic to the provisions of america Change Act of 1934. It’s the first agency to supply custody of digital property as a as a certified depositary. FINRA is the self-regulatory group for the US securities business. Different digital asset custody suppliers have state licenses.

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