Prometheum Eyes U.S. Tokenization Boom With Acquisition and Fully Regulated Stack

Prometheum, the controversial digital asset securities firm, is aiming to achieve a jumpstart in the lucrative tokenization boom, acquiring a broker-dealer and launching a digital transfer agent registered with the U.S. Securities and Exchange Commission, the company told CoinDesk exclusively.

ProFinancial, the firm’s newly acquired FINRA-member and SEC-registered broker-dealer, can offer primary sales of various securities products, giving issuers a pathway to raise capital directly in tokenized form. Prometheum Coinery, meanwhile, handles shareholder records and corporate actions both on and off the blockchain.

The additions build on existing services for custody, clearing, and secondary trading via its affiliated broker-dealers, Prometheum Capital and Prometheum ATS.

With the latest move, the company aims to position as one of the few U.S.-regulated players offering a vertically integrated route for bringing real-world assets into a blockchain-native format—a capability likely to become more critical as the tokenization trend matures.

"Securities, commodities, everything else is moving on-chain, and there needs to be an infrastructure for that. [There's] a pie that's going to grow significantly, just like everything went from paper to electronic," Aaron Kaplan, co-CEO told CoinDesk in an interview. "We are in a prime position, in my opinion, to be a significant player in that growing ecosystem."

The expansion comes as asset tokenization emerges as one of the fastest-growing corners of crypto tech at a time when U.S. regulators signal a friendlier approach towards digital assets. Tokenization stands for using blockchain rails for moving and managing traditional instruments like bonds, funds and other securities, with global asset managers and banks increasingly getting involved to achieve operational efficiencies and cheaper, faster settlements. It's potentially a lucrative opportunity: the tokenized asset market could balloon to multiple trillion dollars over the next few years, a range of reports from BCG, Ripple , McKinsey , 21Shares projected.

It's no surprise then that tokenization firms are jockeying for position to seize the opportunity as the sector heats up. Recently, digital asset manager Superstate registered its transfer agent with the SEC and unveiled a tokenized equity trading platform. Securitize, a tokenization firm backed by BlackRock and Jump Crypto, purchased MG Stover's fund administration business, while financial services provider Apex Group last week announced the acquisition of tokenization specialist Tokeny.

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