Prometheum and Federated Hermes Announce Strategic Partnership to Issue Tokenized Securities Funds

finviz.com5 min read
Prometheum and Federated Hermes Announce Strategic Partnership to Issue Tokenized Securities Funds

RWA Signal Insight

Infrastructure

Prometheum Inc. and Federated Hermes have entered a strategic partnership to distribute tokenized securities through Prometheum’s SEC-registered and FINRA-member broker-dealer infrastructure. This collaboration aims to bridge the gap between traditional brokerage systems and digital asset markets by allowing Federated Hermes to offer tokenized funds to U.S. investors via established intermediaries. Prometheum Capital will handle custody, clearing, and settlement, while ProFinancial will support the distribution of these products. The initiative seeks to move tokenized assets beyond crypto-native platforms and into the mainstream brokerage accounts where most Americans currently hold their investments. By leveraging Prometheum’s regulated framework, the firms intend to provide on-chain access to traditional investment strategies with institutional-grade operational rigor. The companies have announced a target date of Q1 2027 to bring their first tokenized fund product to market. This partnership represents a significant effort to integrate digital securities into the broader financial ecosystem through compliant, regulated channels.

Key points

  • Prometheum and Federated Hermes partner to distribute tokenized securities via regulated broker-dealer infrastructure.
  • Prometheum Capital will provide custody, clearing, and settlement services for the tokenized products.
  • The firms plan to launch their first tokenized fund product by Q1 2027.
  • Federated Hermes manages $911.6 billion in assets as of June 30, 2026.

Background

Prometheum is a specialized market infrastructure provider that operates SEC-registered and FINRA-member broker-dealer subsidiaries to facilitate the issuance, trading, and custody of digital assets. Federated Hermes is a global active investment manager that provides a wide range of investment solutions, including liquidity management and alternative strategies, to institutional and intermediary clients worldwide.

Relevance score

7.5/10
Lower relevanceHigher relevance
Source: RWA Signal relevance modelHow we score
Read the full article at finviz.com
All articles