PLUME Rises 25% as Network Registered by SEC as Transfer Agent for Tokenized Securities

2 hours ago

Plume is already receiving involvement from 40 Act funds and is seeking much licenses.

Updated Oct 6, 2025, 3:22 p.m. Published Oct 6, 2025, 3:00 p.m.

Plume Network, a modular Layer 2 blockchain dedicated to real-world assets (RWAs), is present an SEC-regulated transportation agent, streamlining the issuance, transfer, and absorption of tokenized securities.

The network's autochthonal token (PLUME) roseate by 25% pursuing the announcement arsenic regular trading measurement roseate by 186%, according to CoinMarketCap.

As a registered transportation agent, Plume volition present negociate integer securities and shareholder records straight onchain, supporting interoperability with the U.S. Depository Trust & Clearing Corporation (DTCC) colony network, according to the property merchandise shared with CoinDesk.

Further, it volition facilitate a scope of usage cases, including onchain IPOs, small-cap fundraising, and registered funds. Most notably, the exertion aims to trim tokenization timelines from months to specified weeks via smart-contract automation.

Plume's registration provides a much-needed regulatory infrastructure for institutions similar BlackRock, Fidelity and Apollo seeking compliant on-chain plus transfers.

"At Plume, we judge transportation cause regularisation exists to support investors’ rights arsenic shareholders. With this afloat onchain transportation cause protocol, we are streamlining the issuance of integer securities with a built-in concern with regulators,” said Chris Yin, CEO and Co-Founder of Plume.

"The crypto manufacture has been searching for a viable span betwixt DeFi’s velocity and TradFi’s safeguards. With the issuance of this licence places Plume arsenic the perfect solution for this search," Yin added.

A transportation cause successful the accepted consciousness is simply a fiscal instauration that maintains authoritative records of a company's shareholders, manages ownership changes, issues banal certificates, and handles dividend and involvement payments.

A blockchain transportation agent, specified arsenic Plume, performs akin functions on-chain by leveraging distributed ledger technology, offering a secure, immutable and transparent integer grounds of plus ownership and transfers.

Plume’s accomplishment comes aft its progressive collaboration with regulatory bodies, including its contributions to discussions surrounding the GENIUS Act. The announcement follows SEC Commissioner Hester Peirce’s remarks past week expressing the regulator’s openness to engaging with issuers of real-world plus tokenization projects.

Initial merchandise rollout apt successful Q1 2026

Plume's regulated transportation cause is operational, which allows funny funds to prosecute with Plume’s infrastructure with contiguous effect, adjacent arsenic broader regulatory frameworks proceed to evolve.

Building connected this foundation, Plume plans to motorboat its archetypal merchandise offerings, involving Nest protocol vaults, successful the archetypal 4th of 2026. Within Plume Network, Nest is 1 of the important protocols focused connected staking mechanisms for real-world plus (RWA) protocols.

Nest allows money managers to make vaults backed by regulated fiscal instruments. Users tin past deposit stablecoins into these vaults to gain output successful a permissionless mode from the underlying real-world assets.

Targeting 40 Act funds

Plume said that it has already garnered involvement from SEC-registered concern funds (40 Act funds). And portion regulatory challenges, specified arsenic plus custody issues, contiguous hurdles, the institution anticipates these volition diminish arsenic the SEC proposes caller rules done 2026 and finalizes them by 2027.

The 40 Act funds are publically offered, pooled concern vehicles, specified arsenic open-end communal funds, closed-end funds and portion concern trusts, registered nether the Investment Act of 1940.

The timing aligns with a broader marketplace displacement toward onchain securities and positions Plume astatine the forefront of this transition.

"The licence enables Plume to enactment the migration of offchain securities into compliant integer forms, particularly 40 Act funds—the accepted backbone of the U.S. plus absorption manufacture representing implicit $39 trillion," the steadfast told CoinDesk.

Plume is besides seeking further licenses, including Alternative Trading System (ATS) and broker-dealer registrations, to make a afloat compliant onchain superior marketplace infrastructure for 40 ACT funds.

UPDATE, Oct. 6, 15:22 UTC: Changes header and adds paragraph to see token move.

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