Prometheum Capital, HashKey, and Velocity Sign Binding Memorandum of Cooperation to Expand Tokenized U.S. Stocks into International Markets

BlockBeats news, September 16: Crypto asset market infrastructure provider Prometheum announced that its subsidiary Prometheum Capital has signed binding memoranda of cooperation with HashKey Digital Asset Group and Velocity Capital to jointly promote tokenized US stocks into the international market. The parties intend to rely on securities broker-dealer infrastructure registered with the U.S. Securities and Exchange Commission (SEC) to distribute related products to eligible international investors through HashKey's licensed trading platforms operating in multiple jurisdictions.

Prometheum Capital and Velocity will provide HashKey with custody, trade execution, and clearing services for traditional securities and crypto assets, while HashKey will be responsible for international distribution. The relevant tokenized US stocks will serve as "digital twins" of traditional stocks, with the underlying shares custodied by the U.S. Depository Trust Company (DTC), rather than using synthetic assets or offshore wrapper structures.

The DTC tokenization service is expected to launch in the fourth quarter of 2026, with eligible assets including constituents of the Russell 1000 Index, ETFs tracking major indices, and U.S. Treasury bonds. The three parties will negotiate final agreements and complete technical integration in the coming months. The relevant business remains subject to regulatory approval, with plans to launch a pilot project subsequently.