According to Odaily Planet Daily, Prometheum CEO Aaron Kaplan stated that the company will explore areas beyond cryptocurrency, providing blockchain securities such as stocks and debt instruments using a special purpose broker-dealer license.
Kaplan expects that trillions of securities will be issued on the blockchain in the future, with the Trump administration overseeing this market transformation, bringing long-term benefits of blockchain technology.
Castle Island co-founder Matt Walsh criticized the Prometheum platform for lacking evidence of actual trading. Despite companies like Goldman Sachs and BlackRock venturing into tokenized assets, the field remains niche.
Kaplan stated that the company is in the early stages and is actively discussing with financial institutions.