Prometheum Launches Digital Brokerage Solution to Expand Distribution of Tokenized Securities

According to CoinDesk, New York-based digital assets infrastructure company Prometheum has officially launched Prometheum Capital, a digital brokerage solution that provides broker-dealers and registered investment advisers (RIAs) with agency clearing, custody, and trading services, enabling them to offer tokenized securities and crypto assets directly to clients through traditional brokerage accounts. Aaron Kaplan, co-founder and co-CEO of the company, stated that while hundreds of billions of dollars in tokenized securities already exist on-chain, there remains a lack of distribution channels for mainstream investors: “The crypto industry has solved tokenization, but not distribution.” Prometheum operates multiple regulated entities covering the entire lifecycle of tokenized securities—including issuance, trading, custody, clearing, and settlement—and joined the DTCC industry working group in May. Initial agency clearing clients include Arete Wealth Management and Network 1 Financial Securities. Kaplan also revealed that the company will soon announce an institutional distribution partnership aimed at attracting larger issuers to its ecosystem.