tZero Announces SPBD License as Prometheum Moves Ahead With Custody Platform

tZero and Prometheum Forge Path to Enhance Digital Asset Security

In a significant step towards bolstering the security of digital assets, tZero, a leader in blockchain innovation, has announced the acquisition of a Special Purpose Depository Institution (SPDI) license from the Wyoming Division of Banking. This license empowers tZero to provide custody services for digital assets, offering institutional and individual investors a secure and regulated platform to store and manage their digital assets.

Prometheum's Custody Platform: A Game-Changer for Digital Asset Security

Complementing tZero's SPBD license, Prometheum, a subsidiary of tZero, is developing a state-of-the-art custody platform that will provide comprehensive protection for digital assets. This platform will leverage advanced security protocols, including multi-layer encryption, biometric authentication, and cold storage solutions, to safeguard digital assets from unauthorized access and cyber threats.

Key Benefits of tZero's SPBD License and Prometheum's Custody Platform

• Enhanced Security: The SPBD license and Prometheum's custody platform provide multiple layers of security, minimizing the risk of digital asset theft or loss.
• Regulatory Compliance: tZero's SPBD license ensures compliance with Wyoming's stringent regulatory framework for digital asset custody, providing investors with peace of mind.
• Institutional-Grade Custody: Prometheum's custody platform is designed to meet the demanding security requirements of institutional investors, offering a secure and reliable solution for managing digital assets.

A Transformative Move for the Digital Asset Industry

tZero's SPBD license and Prometheum's custody platform are transformative developments for the digital asset industry. By providing a secure and regulated environment for digital asset custody, tZero and Prometheum are unlocking new possibilities for institutional adoption and mainstream acceptance of digital assets.

Conclusion: Paving the Way for a Secure Digital Asset Future

tZero's SPBD license and Prometheum's custody platform represent a significant milestone in the evolution of digital asset security. By offering a secure and compliant solution for digital asset custody, tZero and Prometheum are paving the way for a more secure and prosperous digital asset future.