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Prometheum
@PrometheumInc
Prometheum Inc. is a market infrastructure provider for crypto assets, supporting the development of digital markets.
Joined November 2017
163 Following    4.1K Followers
Today we announced a strategic partnership with Federated Hermes, Inc. to distribute tokenized securities through traditional broker-dealer channels. We believe this will provide product issuers the blueprint for how tokenized funds will reach mainstream investors through the regulated intermediaries they already rely on. Over $14B in tokenized U.S. Treasury and money market funds alone are on-chain, per — but almost none of it is accessible through traditional brokerage accounts. ProFinancial will support the distribution of the tokenized products, and Prometheum Capital will custody, clear, and settle these products. Any authorized broker-dealer that clears through us can begin to offer tokenized products to clients without building its own crypto asset infrastructure. Read the full announcement here: #Tokenization# #cryptoassets# #BrokerDealers#
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