Prometheum: Distribution, not issuance, is key for tokenized securities

U.S. digital asset platform Prometheum has argued that the core challenge for the tokenized securities market is distribution, not issuance. The company stated it is concentrating on building the infrastructure to connect tokenized securities with traditional financial markets through broker-dealers and RIAs, or registered investment advisors. Prometheum co-CEO Aaron Kaplan explained that while the crypto industry has solved the challenge of tokenization, it has not yet addressed how to distribute these assets to mass investors. The company recently launched a digital brokerage solution that supports the trading of tokenized securities and cryptocurrencies from traditional securities accounts. Through this, Prometheum plans to enable Wall Street firms to offer on-chain asset services within the existing regulatory framework. Prometheum predicted that the securities market will eventually move on-chain, and the key competitive advantage will lie with Wall Street's distribution networks rather than crypto exchanges.