TechFlow news, May 27 — According to CoinDesk, Prometheum today announced the acquisition of ProFinancial, a FINRA member and SEC-registered broker-dealer, and launched Prometheum Coinery, a blockchain-based digital transfer agent, marking its full entry into the asset tokenization market. This expansion positions Prometheum as one of the few regulated platforms in the U.S. capable of offering vertically integrated tokenized securities services from initial issuance to secondary market trading.
Multiple institutions predict the asset tokenization market could grow to several trillion dollars in the coming years. Aaron Kaplan, co-CEO of Prometheum, said as securities and commodities gradually move to blockchain, the company is well positioned to become a key participant in this growing ecosystem.
