Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
Registered securities firm Prometheum intends to take custody of customers' UNI and ARB as securities when it gets rolling, adding them to its existing plans for Ethereum's ether.
"Prometheum Capital views the federal securities laws as the regulatory framework that provides established, tried, and tested investor protections," said Benjamin Kaplan, CEO of subsidiary Prometheum Capital, in an emailed response to questions."Providing a regulated mechanism to allow investors to responsibly participate in the digital asset space has always been our goal."
He also declined to say whether the company has received any reinforcement from the SEC about its business model, only that it engages with the regulator"in the normal course of business."
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