Prometheum ATS, a regulated trading platform for blockchain-based securities and a subsidiary of Prometheum Inc., has entered into a strategic partnership with Syntax Data, a financial technology provider specializing in data-optimized index solutions. The collaboration is aimed at merging traditional financial indexing with blockchain-driven market infrastructure to support the evolving landscape of on-chain securities and investment products.
Combining Blockchain and Direct Indexing
The partnership seeks to harness the strengths of both entities by integrating Syntax Direct’s direct indexing capabilities into Prometheum ATS’s trading environment. This will offer Registered Investment Advisors (RIAs) and institutional clients the tools to construct customized financial products tied to on-chain assets. According to representatives of Syntax Data, the growth of blockchain-based investment vehicles has highlighted the need for reliable and compliant market data services capable of supporting structured products and exchange-traded funds (ETFs) in decentralized ecosystems.
The integration is expected to enable RIAs and financial institutions using Prometheum ATS to develop and launch personalized, data-driven indices, thereby making blockchain-native financial products more accessible and adaptable. Syntax intends to deliver a dedicated index data feed to Prometheum ATS, while in turn, Prometheum ATS will provide on-chain market data to Syntax’s indexing platform.
Unlocking New Product Possibilities
The collaboration is anticipated to open pathways for a variety of investment offerings such as white-label funds, separately managed accounts (SMAs), ETFs, and other financial instruments. These products will be structured around Syntax indices and will benefit from Prometheum’s complete blockchain infrastructure, encompassing issuance, trading, custody, clearing, and settlement processes. The joint effort aims to create a fully compliant, end-to-end solution for financial institutions transitioning toward blockchain-based asset management.
Executives from Prometheum emphasized the importance of integrating a transparent and consistent data layer in the development of capital markets on blockchain rails. They suggested that as more financial products migrate to decentralized platforms, there is a growing demand for the same high-quality indices and analytics that underpin traditional markets. By forming this alliance, both companies aim to provide the foundational tools necessary for efficient and secure capital market operations within the blockchain ecosystem.
Expansion of Institutional Access
In the initial phase of the partnership, Syntax’s direct indexing capabilities will become available to all RIAs and institutions trading via Prometheum ATS. These capabilities are designed to simplify the process of building compliant, customized investment products while facilitating seamless access to blockchain-native markets.
The move reflects a broader industry trend of incorporating traditional financial methodologies within decentralized environments. By combining robust index creation tools with regulated blockchain infrastructure, Syntax and Prometheum aim to accelerate the adoption of on-chain investment strategies and foster a new generation of digital asset products tailored for institutional investors.