Our next guest has taken some heat from the crypto industry ahead of the launch of Prometheum,

a crypto platform that should operate entirely within SEC regulations.

Aaron Kaplan, co-founder and CEO of Prometheum, joins First Mover Now.

Aaron, welcome.

Hi, Jen. Thank you for having me.

Of course, thanks for being here now. I have to come out at the gate

and just ask how the last year has been for you. Like I just mentioned, you've taken some heat

from the industry. You're launching a fully compliant crypto platform in the United States,

which is like finding a needle in the haystack, I think, in the current environment.

Talk to me about what's been going on for the last year, how you've been dealing with some of the criticisms.

We don't really pay much attention to the criticisms.

For us, it's really just about keeping our head down and just proceeding with our business.

So in the past year, I think since May last year, we were approved as a special purpose broker dealer first for custody.

And then I believe at the very end of last year or of 23 or early 24, we were approved for clearance and settlement, which was the last approval we needed for at the special purpose broker

dealer in order to launch custody and then trading.

So basically, we're very excited. I don't know if I'd call it a needle

in a haystack as much as the Holy Grail because a lot of people have been trying to figure out

how to achieve compliance in the United States. And hopefully we are one, if not the one who's

leading the pack. Last time we spoke, there was some skepticism, you know, that how could this person,

how could this company figure this out?

How could they have found the holy grail when so many other companies in the United States

just have found it very difficult to work with the SEC?

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