PR95128

NEW YORK, March 23, 2022 /PRNewswire=KYODO JBN/ --

--Brings total funding amount to-date to more than $42M

Prometheum Inc. ( https://www.prometheum.com/ ), parent of a FINRA member firm

and SEC registered digital asset securities alternative trading system (ATS),

"Prometheum ATS", has announced today that it has secured more than $15 million

in funding. This current round of fundraising brings the total investment in

Prometheum to more than $42 million in total funding.

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

This latest funding will be used to support the upcoming launch of Prometheum's

ATS, hire critical personnel and accelerate research and development related to

the Company's proprietary trading and clearing systems. With launch expected in

H1 2022, the Company will also be allocating these funds to build out their

team, with plans to more than double the size of the team over the next three

to six months.

"Our goal has always been to provide a full-service digital asset securities

marketplace for both institutional and retail investors," said Aaron Kaplan,

co-CEO and co-founder of Prometheum. "Securing this round of funding solidifies

the support we have in our vision of integrating digital asset securities into

the existing capital markets infrastructure. With the launch of our ATS, coming

very soon, this funding allows us to be one step closer to realizing this

vision."

Prometheum ATS 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, Prometheum ATS will provide a complete trading experience for

both retail and institutional investors. Importantly, Prometheum ATS seeks to

ensure a fair and orderly market focusing on customer protection with advanced

market surveillance and risk management systems.

Prometheum achieved many milestones in 2021. In March 2021, Prometheum

announced that it would be partnering with Anchorage Digital Bank (

https://c212.net/c/link/?t=0&l=en&o=3480961-1&h=3563068426&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=partnering+with+Anchorage+Digital+Bank

) to create a digital asset securities trading system for all investors. Later

in the year, the Company announced that it had met SEC regulatory requirements

(

https://c212.net/c/link/?t=0&l=en&o=3480961-1&h=1703268270&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fupdate-prometheum-marks-major-milestone-for-digital-asset-securities-meets-sec-requirements-to-operate-an-alternative-trading-system-for-digital-assets-for-subsidiary-prometheum-ats-301456364.html&a=SEC+regulatory+requirements

) and received FINRA approval (

https://c212.net/c/link/?t=0&l=en&o=3480961-1&h=3689932548&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fprometheums-subsidiary-peats-receives-finra-approval-as-a-member-to-operate-an-alternative-trading-system-ats-for-digital-asset-securities-301352701.html&a=FINRA+approval

) to operate an ATS for digital asset securities.

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, custody and settlement of digital asset securities.

Prometheum, Inc. Disclosure

This press release is issued for informational purposes only and does not

constitute an offer to sell or a solicitation of an offer to buy any

securities, nor shall there be any sale of securities in any state or

jurisdiction in which such offer, solicitation or sale would be unlawful.

Cautionary Note Regarding Forward-Looking Statements

Statements in this press release that are not historical or current fact are

"forward-looking statements" that are based on the Company's beliefs,

assumptions, and expectations of future events, taking into account the

information currently available to the Company. These forward-looking

statements are subject to numerous uncertainties and factors relating to the

Company's proposed business and operations, as well as uncertainties relating

to capital markets some of which are difficult to predict and many of which are

beyond the Company's control. Any forward-looking statements in this press

release are based upon information available to the Company on the date of this

press release. The Company does not undertake to publicly update or revise its

forward-looking statements even if experience or future changes make it clear

that any statements expressed or implied therein will not be realized.

Media Contact:

Ross Stevens

Caliber Corporate Advisers

ross@calibercorporateadvisers.com

+1 (803) 549-7529

SOURCE: Prometheum