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Posts Tagged ‘SPBD’

Portrait of a Financial Analyst Working on Computer with Multi-Monitor Workstation with Real-Time Stocks, Commodities and Exchange Market Charts.

Promethium Subsidiary Receives First FINRA-Approved Digital Asset Custodianship

Promethium Ember Capital, (“PEC”), a wholly owned subsidiary of Promethium, has become the first digital asset custody provider to come under federal regulation. PEC was approved as a special purpose broker-dealer (“SPBD”) for digital asset securities. The approval allows Promethium to custody digital asset securities on behalf of both retail and institutional clients. The significance […]