SEC-Registered Prometheum Extends Custody Services to UNI and ARB
CryptoNewsTerminal Staff21 Aug, 2024
SEC-Registered Prometheum Extends Custody Services to UNI and ARB
Prometheum, a digital asset platform registered with the U.S. Securities and Exchange Commission (SEC), announced plans to launch its Ethereum (ETH) custody service in September. The company will consider Uniswap (UNI) and Arbitrum (ARB) as securities, enabling custody support for these cryptocurrencies. This move aligns with the SEC's stance that many cryptocurrencies should be treated as securities. By considering UNI and ARB as securities, Prometheum ensures compliance with regulatory guidelines. Prometheum's expansion into UNI and ARB custody reflects the growing adoption of digital assets and the increasing demand for secure custody solutions.
