Prometheum Appoints Albert P. Meo, CPA, as Chief Financial Officer - Blockchain.News


Prometheum Appoints Albert P. Meo, CPA, as Chief Financial Officer

Business Wire   Mar 04, 2024 17:02

Former Morgan Stanley Executive Director of Regulatory Policy brings extensive broker dealer expertise to firm

NEW YORK--(BUSINESS WIRE)--Prometheum Inc. today announced the appointment of Albert P. Meo, CPA, as Chief Financial Officer (CFO). Mr. Meo, a seasoned financial executive with extensive experience overseeing corporate controllership functions for broker-dealers, will play a critical role in guiding Prometheum's financial strategies as it expands its services.



With a career spanning over three decades at premier financial institutions including Goldman Sachs, Nomura, and most recently Morgan Stanley, Mr. Meo brings a wealth of expertise to Prometheum. Previously serving as Executive Director of Regulatory Policy at Morgan Stanley & Co., LLC., he was responsible for overseeing the firm's policy function for various SEC and CFTC registrants. His in-depth knowledge of regulatory compliance, financial responsibility rules, and risk-mitigating controls makes him an invaluable addition to Prometheum's leadership team.

As CFO, Mr. Meo will oversee financial: planning, reporting, and liquidity risk management for Prometheum. His experience in managing regulatory relationships and advocacy roles will contribute to the company’s commitment to maintaining the highest standards of compliance with investor protection rules.

"Albert’s deeply impressive background in financial leadership will be instrumental in driving our compliant blockchain-enabled market infrastructure," said Aaron Kaplan, Co-CEO of Prometheum, Inc.

Prometheum Capital, a subsidiary of Prometheum Inc., recently obtained approval as a Special Purpose Broker-Dealer from FINRA, allowing the firm to provide custodial, clearing, and settlement services for digital asset securities. Mr. Meo's appointment comes at a pivotal time as Prometheum prepares to launch its custodial services.

"It’s an exciting juncture in Prometheum’s trajectory to be joining the firm. The company's commitments to compliance and innovation are perfectly suited for my professional values and skills alike. I look forward to contributing to the success of Prometheum in the dynamic digital asset landscape," said Albert P. Meo, CPA.

About Prometheum

Founded in 2017 by a group of Wall Street attorneys, Prometheum provides an end-to-end, blockchain-enabled ecosystem for the trading, clearance, settlement and custody of digital asset securities.

Prometheum, Inc. Disclosure

Non-solicitation

This press release is issued for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Prometheum Inc., Prometheum ATS, and Prometheum Capital (collectively “Prometheum’’), or any other third party regardless of whether such security, product, or service is referenced in this press release. Furthermore, nothing in this press release should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Prometheum does not represent that the securities, products, or services discussed in this press release are suitable for any particular investor.

Forward-looking statement

Statements herein that are not historical or current fact are “forward-looking statements” that are based on the Company’s beliefs, assumptions, and expectations of future events, taking into account the information currently available to the Company. These forward-looking statements are subject to numerous uncertainties and factors relating to the Company’s proposed business and operations, as well as uncertainties relating to capital markets, some of which are difficult to predict and many of which are beyond the Company’s control. Any forward-looking statements herein are based upon information available to the Company on the date this was first sent by the Company. The Company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized.


Contacts

Wachsman
prometheum@wachsman.com