Prometheum, a cryptocurrency company with close ties to the US SEC, has encountered a policy shift and plans to shift its focus to securitized assets

PANews, November 26th - According to Fortune magazine, Prometheum, a cryptocurrency company that had close ties with the US Securities and Exchange Commission (SEC), is facing new challenges. With Trump's election as president and SEC Chairman Gary Gensler announcing his departure early next year, the company's previous business model based on "crypto assets as securities" may need to be repositioned. Prometheum's co CEO Aaron Kaplan stated that the company will shift its focus to issuing a wider range of securitized assets on the blockchain, including stocks, debt instruments, structured products, and ETFs. However, Matt Walsh, co-founder of Castle Island Ventures, questioned the actual trading volume of the platform and pointed out that traditional asset tokenization is still a niche market.