New Developments on Cryptocurrency – Ethereum
Prometheum Announces Custodial Services for Ether (ETH), Opens Account Sign Up For Institutional Clients
Prometheum Inc., today announced that its subsidiary Prometheum Capital LLC will initially provide custodial services for Ethereum’s ether (ETH) token. This development follows the company’s recent approval of its membership application from the Financial Industry Regulatory Authority (FINRA) as a Special Purpose Broker-Dealer (SPBD) permitted to custody, clear, and settle digital asset securities.
“It looks like the era of SEC regulated Digital assets has begun.”
– Damon D. Testaverde, Chairman and Director – Investment Banking at Network 1 Financial Securities, Inc.