Broker-Dealer Correspondent Clearing & Custody

Prometheum Capital provides comprehensive prime brokerage infrastructure enabling traditional U.S. broker-dealers to offer digital assets to their customers through an SEC-registered, FINRA-member platform. As the first SEC-registered special purpose broker-dealer (SPBD) and SEC "Qualified Custodian," ProCap delivers institutional-grade custody, clearing, and settlement services for blockchain securities and cryptocurrency within a federally regulated framework.

Correspondent Clearing Services

Turnkey Digital Asset Access: ProCap's correspondent clearing services provide traditional broker-dealers with complete infrastructure for offering digital assets—from cryptocurrency to tokenized securities to digitally-native securities—without building proprietary systems.

Regulatory Compliance Framework: All services operate under U.S. Federal Securities Laws pursuant to Customer Protection Rule 15c3-3 (SEC Rule 15c3-3), ensuring proper custody of client assets, segregation of customer funds, and regular regulatory oversight.

Digital Brokerage Network: Broker-dealers gain access to comprehensive digital asset custody, clearing and settlement services, and emerging digital markets while maintaining their client relationships.

Competitive Positioning: Enable broker-dealers to meet growing client demand for digital assets, differentiate their offerings, serve diverse client segments (high-net-worth, institutional, digitally-native), and use crypto as a retention tool.

Institutional Custody

SEC Qualified Custodian Status: ProCap operates as an SEC "Qualified Custodian" as defined by SEC Rule 206(4)-2 under the Investment Advisers Act of 1940, holding client assets in customer accounts within a broker-dealer framework.

Security Features: Industry-leading encryption protects data at rest, in transit, and within applications. State-of-the-art custodial technology ensures only customers can initiate withdrawals, preventing unauthorized access.

Segregation of Funds: Customer cash and blockchain securities are completely separate from ProCap's own assets with no commingling. Reserve calculations are performed to ensure proper segregation per SEC requirements.

Supported Assets: Blockchain securities including equities issued on blockchain, options and derivatives, exchange-traded funds (ETFs), cryptocurrency, tokenized securities, and other securities as defined by the Securities Act of 1933 that are issued and transferred through blockchain technology.

Key Differentiators

Interoperability Bridge: ProCap solves the critical gap between blockchain infrastructure and the broker-dealer channel that reaches American investors. Assets move seamlessly between chains and retail brokerage accounts through a federally-licensed custodian and clearing firm.

Regular Audits: Subject to detailed reporting requirements, regular audits, and mandatory disclosures of activity under SEC and FINRA oversight.

AML/KYC Compliance: Robust Anti-Money Laundering and Know Your Customer procedures maintain financial system integrity while enabling digital asset access.

Ecosystem Integration: Services integrate with Prometheum's full digital asset lifecycle infrastructure, including capital formation, transfer agent services, and future secondary market trading capabilities.