Prometheum Partners with Anchorage Digital on SEC-Registered Alternative Trading System
The New York-based exchange will start with five digital assets offered in its SEC-compliant trading system, which "will seamlessly integrate transparent to legacy securities trading systems.”
New
Prometheum Ember ATS has announced the launch of its Alternative Trading System (ATS) on October 26th. The new ATS is registered with the United States Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority.< /p>
Prometheum Ember ATS will offer digital asset securities trading, clearing, settlement and custody. The new ATS has partnered with Anchorage Digital Bank to help deliver its service, which is supposed to "integrate seamlessly with legacy securities trading systems".
Prometheum said its ATS “allows institutions to trade digital asset securities under federal securities laws.” It will initially support Flow, Filecoin, The Graph, Compound, and Celo digital assets. Prometheum Founder and Co-CEO Aaron Kaplan said in a statement:
"Prometheum distinguishes itself by maintaining its ability to sustainably comply with current securities laws, providing the multi-layered protections and standards required on Wall Street."
Prometheum Ember ATS said in its statement that it will make all system functionality available to all users “regardless of trading activity, volume, experience or account size.”
It was a long journey to SEC approval for Prometheum Ember ATS, which announced plans to receive registration in March 2021. The New York-based Prometheum, which was founded in 2017, was already operating as a crypto exchange at that time. time.
Related:
The New York-based exchange will start with five digital assets offered in its SEC-compliant trading system, which "will seamlessly integrate transparent to legacy securities trading systems.”
New
Prometheum Ember ATS has announced the launch of its Alternative Trading System (ATS) on October 26th. The new ATS is registered with the United States Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority.< /p>
Prometheum Ember ATS will offer digital asset securities trading, clearing, settlement and custody. The new ATS has partnered with Anchorage Digital Bank to help deliver its service, which is supposed to "integrate seamlessly with legacy securities trading systems".
Prometheum said its ATS “allows institutions to trade digital asset securities under federal securities laws.” It will initially support Flow, Filecoin, The Graph, Compound, and Celo digital assets. Prometheum Founder and Co-CEO Aaron Kaplan said in a statement:
"Prometheum distinguishes itself by maintaining its ability to sustainably comply with current securities laws, providing the multi-layered protections and standards required on Wall Street."
Prometheum Ember ATS said in its statement that it will make all system functionality available to all users “regardless of trading activity, volume, experience or account size.”
It was a long journey to SEC approval for Prometheum Ember ATS, which announced plans to receive registration in March 2021. The New York-based Prometheum, which was founded in 2017, was already operating as a crypto exchange at that time. time.
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