Prometheum CEO: The company plans to enter the field of traditional asset tokenization in the future
Odaily Planet Daily News: Aaron Kaplan, CEO of cryptocurrency company Prometheum, responded to questions about the company's future in the post Gensler era by stating that Prometheum has the opportunity to explore areas beyond cryptocurrency, using its pioneering license (known as a special purpose broker dealer) to provide various assets, including "stocks, debt instruments, structured products, options, ETFs, money market funds," and other assets in the form of blockchain securities. Kaplan wrote, "We expect that as trillions of securities are issued on blockchain, President Trump's administration will oversee this market transformation, bringing the benefits that blockchain technology has long promised to market participants Matt Walsh, co-founder of crypto venture capital firm Castle Island, has been outspoken in criticizing Prometheum, stating that he has seen almost no evidence to suggest that anyone is using the company's platform for real-world transactions. Although financial giants such as Goldman Sachs and BlackRock, as well as crypto native companies like Superstate, are entering the tokenization of traditional assets, it is still a very niche financial field at present. In response to a question about whether Prometheum can point to real-world customers or other evidence of attractiveness in the market, Kaplan stated that the company is still in a "very early stage" and is "actively in discussions with financial institutions". (Fortune)