PANews reported on November 26 that according to Fortune magazine, Prometheum, a crypto company that once had close ties with the U.S. Securities and Exchange Commission (SEC), is facing new challenges. With Trump elected president and SEC Chairman Gary Gensler announcing his resignation early next year, the company's previous business model based on "crypto assets as securities" may need to be repositioned. Aaron Kaplan, co-CEO of Prometheum, said the company will shift its focus to issuing a wider range of securitized assets on the blockchain, including stocks, debt instruments, structured products and ETFs. However, Matt Walsh, co-founder of Castle Island Venture Capital, questioned the actual trading volume of the platform and pointed out that the tokenization of traditional assets is still a niche market.