Prometheum, a blockchain-based financial platform for creating and publicly trading cryptosecurities, has announced the acquisition of a version of InteliClear’s post-trade solution technology.
Prometheum, via the integration of InteliClear’s technology, aims to become the first alternative trading system (ATS) able to clear and settle cryptosecurity trades.
InteliClear’s system is currently used by traditional U.S. clearing firms and has been examined on multiple occasions by the SEC and FINRA.
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