Country for PR: United States
Contributor: PR Newswire New York
Friday, January 15 2021 - 01:00
AsiaNet
Prometheum Closes US $15M+ in Oversubscribed Funding Round
NEW YORK, Jan. 14, 2021 /PRNewswire-AsiaNet/ --

-- Raise Brings Prometheum Closer to Launching the First Compliant Blockchain 
Ecosystem for Digital Asset Securities

Prometheum (www.prometheum.com), a FINRA and SEC regulated end-to-end 
blockchain securities ecosystem, today announced it has closed a funding round 
of over $15 million. The raise was led by international investors, and this 
latest round of fundraising brings the total investment in Prometheum to over 
$27 million.

Logo - https://mma.prnewswire.com/media/1419136/Prometheum_Logo.jpg

Today's news comes on the heels of Prometheum's recent acquisition, pending 
regulatory approval, of a licensed broker-dealer and the SEC approval of its 
wholly-owned transfer agent, Spark Transfer Services. With these milestones, 
Prometheum continues to progress in its quest to build the first compliant, 
public ecosystem for digital asset securities.

"This funding affirms the belief our investors have in our business model and 
the growing need for a compliant public market infrastructure for digital 
assets securities," said Aaron Kaplan, co-CEO of Prometheum. "We remain 
steadfast in our commitment to create the bridge between traditional Wall 
Street and the 21st-century digital asset market."

Founded by top Wall Street securities attorneys, Prometheum has successfully 
leveraged its deep expertise in securities regulations to create compliant 
blockchain infrastructure for issuers, retail investors, and financial 
professionals. Despite the pandemic, the company built momentum in 2020, 
culminating in today's funding announcement. 

"This capital infusion will accelerate the growth of the Prometheum ecosystem 
by allowing us to hire critical personnel, further our blockchain and trading 
technology and focus on strategic growth initiatives as we get closer to 
launch," said Benjamin Kaplan, co-CEO of Prometheum. "We are proud of what we 
have accomplished in 2020 and with the increased interest we are seeing in 
digital asset securities, we enter 2021 with the momentum we need to innovate 
and evolve our offering to support a diverse spectrum of investors."

About Prometheum 
Founded in 2017 by a group of Wall Street lawyers, Prometheum is an innovative 
blockchain company engaged in building the first compliant end-to-end ecosystem 
for compliant digital assets. Digital asset securities are born and traded on 
the network, where the Prometheum blockchain tracks transactions for secure 
clearing and settlement within 24 hours.

Prometheum, Inc. Disclaimer 
The offering, after qualification by the SEC, will be made only by means of the 
Offering Circular. Any information in this press release or any other 
communication shall not constitute an offer to sell or the solicitation of an 
offer to buy, nor shall there be any sale of these securities in any state or 
jurisdiction in which such offer, solicitation or sale would be unlawful prior 
to qualification for sale as provided in Regulation A+ in any such state or 
jurisdiction.

You may obtain a copy of the Preliminary Offering Circular and the offering 
statement in which such Preliminary Offering Circular was filed with the SEC by 
visiting: 
https://www.sec.gov/cgi-bin/browse-edgar?company=Prometheum&owner=exclude&action=getcompany.


Leadership 
Aaron Kaplan, Founder and Co-CEO 
Benjamin Kaplan, co-Founder and Co-CEO

Contact: 
Jacque Silva 
jacqueline@calibercorporateadvisers.com 
917.880.2464 
Caliber Corporate Advisers

SOURCE Prometheum
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