Prometheum's Subsidiary, "PEATS", Receives FINRA Approval as a Member to Operate an Alternative Trading System ("ATS") for Digital Asset Securities

Prometheum

PR91105

 

NEW YORK, Aug. 11, 2021 /PRNewswire=KYODO JBN/ --

 

-- PEATS ATS will focus on ensuring customer protection, issuer accountability

and market integrity for all investor types

 

Prometheum's (

https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1105608759&u=https%3A%2F%2Fwww.prometheum.com%2F&a=Prometheum

) broker-dealer subsidiary, Prometheum Ember ATS Inc. ("PEATS"), CRD # 311636,

received FINRA approval to become a member of FINRA and to operate its ATS

under a "three step" process per SEC guidance, and which will allow accredited

and non-accredited investors to trade digital asset securities. The ability of

PEATS to launch its ATS is subject to further approval by the SEC.

 

Logo - https://mma.prnewswire.com/media/1419136/Prometheum_Logo.jpg

 

PEATS will integrate both traditional and blockchain technology for the trading

of digital asset securities with on-chain custody and settlement provided by

Anchorage Digital Bank (

https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1149705611&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fprometheum-and-anchorage-digital-bank-announce-first-digital-asset-securities-alternative-trading-system-ats-301259324.html&a=custody+and+settlement+provided+by+Anchorage+Digital+Bank

), the first federally chartered digital bank.

 

PEATS offers a streamlined onboarding process by automating Know-Your-Customer

(KYC) and Anti-Money Laundering (AML). Combined with a user-friendly interface,

customizable charts, historical and Level 2 (depth of the book) data, PEATS

will provide a complete trading experience for both retail investors and

financial professionals. Importantly, PEATS seeks to ensure a fair and orderly

market focusing on customer protection with advanced market surveillance and

risk management systems.

 

"Receiving FINRA approval for PEATS to be a member of FINRA to operate an ATS

is a major milestone for Prometheum, and supports our belief that the US

Federal Securities Laws and FINRA requirements provide the best framework to

regulate the trading of digital asset securities," said Aaron Kaplan, Founder

and Co-CEO of Prometheum. "We are excited to help further our industry's

evolution."

 

In addition, Prometheum recently hired Rosemarie Fanelli as Chief Regulatory

Officer (

https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=3245812445&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fprometheum-appoints-former-finra-senior-advisor-rosemarie-fanelli-as-chief-regulatory-officer-301282386.html&a=Rosemarie+Fanelli+as+Chief+Regulatory+Officer

), a FINRA and NYSE regulatory veteran with over 33 years of experience, and

who, immediately prior to joining Prometheum, served as Senior Advisor to

FINRA's department of Member Supervision. Rose was also a member of its Digital

Policy Group whose primary purpose is to address policy issues concerning

digital assets.

 

About Prometheum

 

Founded in 2017 by a group of Wall Street attorneys, Prometheum is a

blockchain-focused company which proposes to build an end-to-end ecosystem for

the trading of digital asset securities.

 

Prometheum, Inc. Disclaimer

 

No money or consideration is being solicited by the information in this or any

other communication and, if sent, money will not be accepted and will be

promptly returned. No offer by a potential investor to buy our securities can

be accepted and no part of the purchase price can be received until the

offering statement is qualified, and, if made, any such offer can be withdrawn

before qualification of this offering by the SEC.

 

A potential investor's indication of interest does not create an obligation or

commitment to purchase the securities we are offering. Any such indication of

interest may be withdrawn or revoked, without obligation or commitment of any

kind, at any time before notice of its acceptance is given and all other

requirements to accept an investment from a potential investor are met after

the offering qualification date. The offering, after qualification by the SEC,

will be made only by means of the Offering Circular.

 

Any information on Prometheum.com or any other communication shall not

constitute an offer to sell or the solicitation of an offer to buy, nor shall

there be any sale of these securities in any state or jurisdiction in which

such offer, solicitation or sale would be unlawful prior to qualification for

sale as provided in Regulation A+ in any such state or jurisdiction. You may

obtain a copy of the Preliminary Offering Circular and the offering statement

in which such Preliminary Offering Circular was filed with the SEC by

https://www.sec.gov/cgi-bin/browse-edgar?company=Prometheum&owner=exclude&action=getcompany

 

 

About Anchorage Digital

 

Anchorage Digital is a regulated platform that provides institutions simple and

secure participation in digital assets, all integrated with custody. As the

first federally chartered crypto bank, Anchorage Digital Bank NA offers the

most advanced digital asset platform for institutional investors and is setting

a new standard for security and usability. With secure custody at its core,

Anchorage offers financial solutions for today and tomorrow. Learn more at

anchorage.com (

https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1968428185&u=https%3A%2F%2Fanchorage.com%2F&a=anchorage.com

) and @Anchorage (

https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1277528625&u=https%3A%2F%2Ftwitter.com%2FAnchorage&a=%40Anchorage

).

 

Press Contacts:

 

Prometheum: Jacqueline Silva

jacqueline@calibercorporate.com

+1.917.880.2464

 

Anchorage Digital: Sam Shillet

anchorage@dittopr.co

+1.718.865.6448

 

SOURCE Prometheum

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