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Thursday, August 8, 2024
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    HomeFinancePrometheum subsidiary receives FINRA approval for certified digital asset custody

    Prometheum subsidiary receives FINRA approval for certified digital asset custody

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

    FINRA has designated Prometheum Ember Capital as an SPBD, making it a certified custodian topic to 1934. Provisions of the US Trade Act. It’s the first firm to supply storage of digital property as a certified custodian. FINRA is the US securities business’s self-regulatory physique. Different digital asset storage suppliers have state licenses.

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