Prometheum, a FINRA and SEC regulated end-to-end blockchain securities ecosystem, closed a funding round of over $15m.
The raise was led by international investors, and this latest round of fundraising brings the total investment to over $27m.
This capital will accelerate the growth of the ecosystem by hiring personnel, furthering its blockchain and trading technology and focusing on strategic growth initiatives as they get closer to launch.
Founded in 2017 by a group of Wall Street lawyers and led by Aaron Kaplan and Benjamin Kaplan, Prometheum is an innovative blockchain company engaged in building an end-to-end ecosystem for compliant digital assets. Digital asset securities are born and traded on the network, where the blockchain tracks transactions for secure clearing and settlement within 24 hours.
The funding follows Prometheum’s recent acquisition, pending regulatory approval, of a licensed broker-dealer and the SEC approval of its wholly-owned transfer agent, Spark Transfer Services.