Crypto trading platform Prometheum has officially completed its first crypto asset trades nearly a decade after its founding and raising approximately $100 million in funding. Currently, it only supports Ethereum trading. Prometheum previously sparked industry controversy for backing the compliance path and regulatory stance of America. SEC during Gary Gensler's tenure. In 2023, it became the first company to obtain a Special Purpose Broker-Dealer (SPBD) license from America. SEC and FINRA, allowing it to custody digital asset securities under a federal regulatory framework. However, with Gary Gensler stepping down, America. SEC dropping lawsuits against companies like Coinbase, and the regulatory framework shifting to a more lenient approach, Prometheum's long-term compliance and custody license advantage is being undermined. (Decrypt) https://(wublock123.com)/news/prometheum-first-crypto-trades-after-decade-gensler-era-compliance-risks-61353