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Chairman Gensler discussing the path forward for digital assets firms mentions that an “entity filed as a special purpose broker-dealer and got registered that way”. Prometheum Capital is the first and only SPBD. See our mention at 7:04: https://t.co/kT3AfTlIou
— Prometheum (@PrometheumInc) June 6, 2023
Flood explicitly lays out why Prometheum’s claims that their SPBD approval is evidence of a… pic.twitter.com/yCDDKHiLea
— Alexander Grieve (@AlexanderGrieve) June 13, 2023
Pitchforks come for Prometheum
Last month, in the midst of the SEC bringing cases on Coinbase + Gemini, and giving the stiff arm to Robinhood and others, Prometheum gets approval for a first of its kind Special Purpose Broker-Dealer (SPBD) for digital asset securities…
— Matt Walsh (@MattWalshInBos) June 14, 2023
Here are some highlights that set Prometheum apart:
-Failed to launch a product in 6 years
-Hired multiple former SEC and… https://t.co/YsgUCcIjM5
— Tyler Winklevoss (@tyler) June 15, 2023
FINRA filings and New York
1/ Today @BlockchainAssn FOIA'd the SEC seeking information (docs & comms) about Prometheum and the ATS.
In the midst of aggressive SEC enforcement, Prometheum gets approval for first-of-its-kind Special Purpose Broker-Dealer (SPBD) for digital asset securities.
— Marisa Tashman Coppel (@MTCoppel) June 15, 2023