Prometheum is the only SEC-registered crypto custody provider and already treats ETH as a security.
Digital asset trading and custody firm Prometheum has announced that it will add Uniswap and Arbitrum to its custodial platform, where they will join Ether. Prometheum describes the tokens as “digital asset securities.” Custodial services should be available in the third quarter of the year.
The classification of Uniswap (UNI) and Arbitrum (ARB) as securities may be controversial in some quarters, although Prometheum has made the same claim about Ether (ETH).
Prometheum will offer ETH, ARB and UNI custody to corporate and institutional through its Prometheum Capital subsidy. Prometheum Capital is a special purpose broker-dealer (SPBD) registered with the United States Securities and Exchange Commission (SEC) and a member of the self-regulatory Financial Industry Regulatory Authority (FINRA).
