Prometheum Capital LLC has chosen Broadridge Financial Solutions to handle its post-trade lifecycle and back-office operations. The agreement comes as Prometheum plans to launch its full suite of custody, clearing, and settlement services for digital asset securities.

Prometheum Capital LLC, a company under Prometheum Inc., will be using Broadridge’s shadow post trade processing solution and business process outsourcing (BPO) services. These solutions cover various essential tasks like bookkeeping, trade capture, reconciliations, and regulatory reporting, reports a press release.

“Integrating our core operations with Broadridge is a crucial move for Prometheum. With their assistance, we’re pushing forward our goal of establishing advanced, regulated market infrastructure for investors,” says Benjamin Kaplan, CEO of Prometheum.

PostTrade 360 Nordic 2024

Earlier this year, Prometheum announced plans to offer Ethereum’s ether (ETH) custodial services. The firm is set to launch these custodial services this quarter.