News Heat Trend
Project Overview
Prometheum is a blockchain-focused company building an end-to-end ecosystem for the trading, custody, and settlement of digital asset securities.
Event-related news
Related news
Federated Hermes plans to launch its first tokenized fund shares in early 2027.
According to CoinDesk, asset manager Federated Hermes (FHI), which manages $911 billion in assets, has announced a partnership with New York-based digital securities infrastructure provider Prometheum to launch its first batch of tokenized fund shares in early 2027, making them available to investors through traditional brokerage accounts and financial advisor channels. Money market funds will serve as the priority entry point for tokenization. Prometheum’s SEC-registered broker-dealer subsidiary will provide custody, clearing, and settlement services. Previously, the company had collaborated with platforms such as Archax, Goldman Sachs, and Conduit Digital to explore tokenization. It will now transition to self-issuing tokenized fund shares, further deepening its on-chain footprint. Citi forecasts that the tokenized securities market could reach $5.5 trillion by 2030.
Federated Hermes Plans to Launch Onchain Fund Shares Next Year, Joining Wall Street's Asset Tokenization Wave
Odaily News: Federated Hermes, an asset management firm with $911 billion in assets under management, plans to launch its first onchain fund shares early next year, further joining Wall Street's wave of bringing traditional assets onchain.Federated Hermes has partnered with digital securities infrastructure company Prometheum to bring blockchain-based fund shares into traditional brokerage accounts and financial advisor channels. The company has not yet disclosed the specific types of tokenized funds or the blockchain networks to be used, but Kevin Barr, head of digital asset products and platforms, said money market funds could be among the first tokenized products. (CoinDesk)
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.