Controversy Erupts Amid Claims of ETH Becoming First SEC-Compliant Token for Institutional Custody

In a recent post on X, Prometheum, the only U.S.-registered crypto securities platform, disclosed that the first virtual asset it will manage for institutional clients will be Ethereum (ETH). The notification particularly mentioned ETH as “the first digital asset security for institutional custody.” Moreover, Prometheum Co-Founder Aaron Kaplan reportedly confirmed the development during a recent...

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