Hello and welcome to what will be the final Cryptofinance newsletter. Many thanks to you, loyal subscribers, for tuning in every week and offering comment and feedback to improve our understanding. I hope you’ve had as much enjoyment from reading it as I’ve had writing it. The FT will continue to cover crypto on the main website. We also have many other newsletters covering anything from economics to finance. I would particularly recommend award-winning Unhedged, which comes out every weekday morning (you can sign up here) and tells you everything you need to know about Wall Street, and Due Diligence, our must-read briefing on corporate finance, mergers & acquisitions, and private equity (sign up here).”
In an industry where much activity straddles the boundaries of legality, US-based Prometheum has become controversial by virtue of its apparent respectability.
Like Heathcliff in Wuthering Heights, its mere presence stirs up a great deal of anger and resentment among those around it. Aaron Kaplan, chief executive of Prometheum, even admits that his is “the most hated company in crypto”.
The umbrage stems from last year, when the Securities and Exchange Commission’s assault on the crypto market was in full throttle. Prometheum, which had been scratching around the industry since the 2017 boom in initial coin offerings, became the first and still only company to secure an SEC licence to trade and custody digital asset securities.
您已閱讀19%（1448字），剩余81%（6300字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。