A big step for onchain finance: @PlumeNetwork is now a registered SEC transfer agent. • This gives Plume legal authority to manage shareholder records, transfers, and dividends directly onchain – the same core role held by DTCC participants in TradFi. • The registration bridges compliance and tokenization, enabling onchain IPOs, fund management, and security issuance within U.S. regulatory bounds. • Plume already reports interest from 40 Act funds (the $39T mutual fund industry) and plans to add ATS + broker-dealer licenses, moving toward a fully compliant onchain capital market stack. Market impact? $PLUME rose 30% on the news as trading volume jumped 186%. That's big.

Plume - RWAfi Chain
@plumenetwork
10-06
Plume has registered a transfer agent with @SECGov. This accelerates our mission to bring the trillion-dollar U.S. securities market onchain. It's our first step in working with the SEC to build fully compliant tokenized capital markets. Safely, compliantly, and fast.
Sector:
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments