PLUME Shares Jump 25% After SEC Registration as Transfer Agent for Tokenized Securities

Plume Network, a modular Layer 2 blockchain focused on real-world assets (RWAs), has become an SEC-regulated transfer agent, enabling streamlined issuance, transfer, and management of tokenized securities. Following the announcement, Plume’s native token (PLUME) jumped 25%, with daily trading volume up 186%, according to CoinMarketCap.

As a registered transfer agent, Plume can now manage digital securities and shareholder records directly on-chain, interoperable with the U.S. Depository Trust & Clearing Corporation (DTCC) settlement network. The technology aims to reduce tokenization timelines from months to weeks through smart contract automation and will support on-chain IPOs, small-cap fundraising, and registered funds.

CEO Chris Yin emphasized the importance of regulatory compliance: “Transfer agent regulation exists to protect investors’ rights. Our fully on-chain protocol streamlines the issuance of digital securities while integrating with regulators.”

Plume’s infrastructure is already drawing interest from SEC-registered 40 Act funds, including mutual funds and closed-end funds, representing a potential market exceeding $39 trillion. The network plans to roll out its initial product offerings via Nest protocol vaults in Q1 2026, allowing fund managers to deposit stablecoins and earn yield from regulated RWAs.

The company is also pursuing additional licenses, including Alternative Trading System (ATS) and broker-dealer registrations, to create a fully compliant on-chain capital market ecosystem.

  • Related Posts

    Binance expands its platform with a prediction market offering for millions of users.

    Binance has added a prediction markets feature to its Binance Wallet, enabling users to trade on real-world event outcomes directly within the app. The integration links Binance Wallet to Predict.fun,…

    Continue reading
    Bhutan has reportedly divested 70% of its Bitcoin over the past 18 months and may have paused or ended BTC mining.

    Bhutan is steadily exiting one of the most closely watched sovereign bitcoin strategies, continuing a measured reduction in its holdings. The kingdom’s reserves have declined from roughly 13,000 BTC in…

    Continue reading