Promethium Ember Capital, a subsidiary of Promethium, has been accredited by the Monetary Business Regulatory Authority (FINRA) as a Particular Function Dealer-Vendor (SPBD) for Digital Asset Securities. This approval will enable Promethium to retailer digital asset securities on behalf of particular person and institutional purchasers.
FINRA’s designation of Prometheum Ember Capital as an SPBD makes the corporate an eligible custodian topic to the provisions of the Securities Alternate Act of 1934. The corporate is the primary firm to supply digital asset custody as a professional custodian. FINRA is the self-regulatory physique of the US securities business. Different digital asset storage suppliers have state licenses.
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