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Prometheum Expands Its Crypto Custody Services

Aug 21, 2024
  1. Custody Services Expansion
  2. Details of the New Offering
  3. CEO's Comment

Prometheum Inc., the only crypto securities platform registered with the SEC in the United States, announced that it has expanded its custody services for its clients by adding altcoins Uniswap and Arbitrum.

Custody Services Expansion

Prometheum has added Uniswap (UNI) and Arbitrum (ARB) to its existing custody service that already includes Ethereum (ETH), treating UNI and ARB as securities.

Details of the New Offering

Once operational, Prometheum plans to take over customers’ UNI and ARB as securities and add them to its existing Ethereum custody plans, according to Coindesk.

CEO's Comment

Benjamin Kaplan, CEO of Prometheum Capital, commented:

Prometheum views the federal securities laws as a regulatory framework that provides established, tried and tested investor protections. It has always been our goal to provide a regulated mechanism that will enable investors to participate responsibly in the digital asset space.Benjamin Kaplan

Prometheum's new offering aims to expand the possibilities for safely storing additional digital assets while supporting regulation and investor protection.

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