Country for PR: United States
Contributor: PR Newswire New York
Wednesday, August 11 2021 - 23:00
AsiaNet
Prometheum's Subsidiary, "PEATS", Receives FINRA Approval as a Member to Operate an Alternative Trading System ("ATS") for Digital Asset Securities
NEW YORK, Aug. 11, 2021 /PRNewswire-AsiaNet/ --

-- PEATS ATS will focus on ensuring customer protection, issuer accountability 
and market integrity for all investor types

Prometheum's ( 
https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1105608759&u=https%3A%2F%2Fwww.prometheum.com%2F&a=Prometheum 
) broker-dealer subsidiary, Prometheum Ember ATS Inc. ("PEATS"), CRD # 311636, 
received FINRA approval to become a member of FINRA and to operate its ATS 
under a "three step" process per SEC guidance, and which will allow accredited 
and non-accredited investors to trade digital asset securities. The ability of 
PEATS to launch its ATS is subject to further approval by the SEC.

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

PEATS will integrate both traditional and blockchain technology for the trading 
of digital asset securities with on-chain custody and settlement provided by 
Anchorage Digital Bank ( 
https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1149705611&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fprometheum-and-anchorage-digital-bank-announce-first-digital-asset-securities-alternative-trading-system-ats-301259324.html&a=custody+and+settlement+provided+by+Anchorage+Digital+Bank 
), the first federally chartered digital bank.

PEATS offers a streamlined onboarding process by automating Know-Your-Customer 
(KYC) and Anti-Money Laundering (AML). Combined with a user-friendly interface, 
customizable charts, historical and Level 2 (depth of the book) data, PEATS 
will provide a complete trading experience for both retail investors and 
financial professionals. Importantly, PEATS seeks to ensure a fair and orderly 
market focusing on customer protection with advanced market surveillance and 
risk management systems. 

"Receiving FINRA approval for PEATS to be a member of FINRA to operate an ATS 
is a major milestone for Prometheum, and supports our belief that the US 
Federal Securities Laws and FINRA requirements provide the best framework to 
regulate the trading of digital asset securities," said Aaron Kaplan, Founder 
and Co-CEO of Prometheum. "We are excited to help further our industry's 
evolution."

In addition, Prometheum recently hired Rosemarie Fanelli as Chief Regulatory 
Officer ( 
https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=3245812445&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fprometheum-appoints-former-finra-senior-advisor-rosemarie-fanelli-as-chief-regulatory-officer-301282386.html&a=Rosemarie+Fanelli+as+Chief+Regulatory+Officer 
), a FINRA and NYSE regulatory veteran with over 33 years of experience, and 
who, immediately prior to joining Prometheum, served as Senior Advisor to 
FINRA's department of Member Supervision. Rose was also a member of its Digital 
Policy Group whose primary purpose is to address policy issues concerning 
digital assets.

About Prometheum

Founded in 2017 by a group of Wall Street attorneys, Prometheum is a 
blockchain-focused company which proposes to build an end-to-end ecosystem for 
the trading of digital asset securities.

Prometheum, Inc. Disclaimer

No money or consideration is being solicited by the information in this or any 
other communication and, if sent, money will not be accepted and will be 
promptly returned. No offer by a potential investor to buy our securities can 
be accepted and no part of the purchase price can be received until the 
offering statement is qualified, and, if made, any such offer can be withdrawn 
before qualification of this offering by the SEC.

A potential investor's indication of interest does not create an obligation or 
commitment to purchase the securities we are offering. Any such indication of 
interest may be withdrawn or revoked, without obligation or commitment of any 
kind, at any time before notice of its acceptance is given and all other 
requirements to accept an investment from a potential investor are met after 
the offering qualification date. The offering, after qualification by the SEC, 
will be made only by means of the Offering Circular.

Any information on Prometheum.com 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 
https://www.sec.gov/cgi-bin/browse-edgar?company=Prometheum&owner=exclude&action=getcompany


About Anchorage Digital

Anchorage Digital is a regulated platform that provides institutions simple and 
secure participation in digital assets, all integrated with custody. As the 
first federally chartered crypto bank, Anchorage Digital Bank NA offers the 
most advanced digital asset platform for institutional investors and is setting 
a new standard for security and usability. With secure custody at its core, 
Anchorage offers financial solutions for today and tomorrow. Learn more at 
anchorage.com ( 
https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1968428185&u=https%3A%2F%2Fanchorage.com%2F&a=anchorage.com 
) and @Anchorage ( 
https://c212.net/c/link/?t=0&l=en&o=3255484-1&h=1277528625&u=https%3A%2F%2Ftwitter.com%2FAnchorage&a=%40Anchorage 
).

Press Contacts:

Prometheum: Jacqueline Silva
jacqueline@calibercorporate.com
+1.917.880.2464

Anchorage Digital: Sam Shillet
anchorage@dittopr.co
+1.718.865.6448

SOURCE Prometheum
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