Prometheum Launches Digital Brokerage Solution to Expand Distribution Channels for Tokenized Securities via Wall Street’s Distribution Network
According to CoinDesk, New York-based digital asset infrastructure firm Prometheum has officially launched its Prometheum Capital digital brokerage solution, offering broker-dealers and registered investment advisors (RIAs) agency clearing, custody, and trading services—enabling them to directly provide tokenized securities and crypto assets to clients through traditional brokerage accounts.
Aaron Kaplan, co-founder and co-CEO of the company, stated that “hundreds of billions of dollars’ worth of tokenized securities already exist on-chain, yet there remains a lack of distribution channels for mainstream investors. The crypto industry solved tokenization—but not distribution.” Prometheum operates multiple regulated entities covering the full lifecycle of tokenized securities—including issuance, trading, custody, clearing, and settlement—and joined the DTCC’s industry working group in May.
Initial agency clearing clients include Arete Wealth Management and Network 1 Financial Securities. Kaplan also revealed that the company is set to announce an institutional distribution partnership aimed at attracting more major issuers to its ecosystem.
