Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum's Tokens as Securities !!

Prometheum, the SEC-registered digital asset trading and custody firm, announced it plans to add two new "digital asset securities" to its ranks.

Uniswap’s UNI and Arbitrum’s ARB tokens. It will provide custodial services for both assets and its existing ETH offering to corporate and institutional investors through its Prometheum Capital subsidy.

While Prometheum representatives did not provide any clear reasoning for labelling these assets as securities, they stated they would delist tokens and comply as needed if regulators came out with a contradicting stance.

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