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Prometheum Capital Expands Into Correspondent Clearing

July 9, 2025 by FTF News

Prometheum Capital Expands Into Correspondent Clearing

Market infrastructure provider for blockchain-based securities Prometheum has received approval for its SEC-registered special purpose broker-dealer subsidiary to offer correspondent clearing services to third-party broker-dealers. Correspondent clearing allows one broker-dealer to execute trades through another and settle those trades via a third, separate clearing broker-dealer. As a qualified custodian for institutional and retail investors, Prometheum… Read More >>

Filed Under: Securities Operations, Back Office, Buy-Side, Clearing, Data Management, Operational Risk, Ops Automation, Digital Transformation, FinTech Trends, Back-Office, Blockchain/DLT Tagged With: correspondent clearing, digital asset custody, digital asset securities, on-chain securities

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