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2h ago

Plume Wins SEC Transfer Agent Registration for On-Chain Securities

The approval positions the network to link with DTCC reporting to serve regulated fund managers.

plume
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Plume rises 25% as network registered by sec as transfer agent for tokenized securities
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Overview

  • On Oct. 6, the SEC registered Plume as a transfer agent, a step outlets describe as the first on-chain approval for a native crypto firm.
  • The designation authorizes on-chain shareholder ledgers, ownership transfers and compliance reporting with connections to SEC and DTCC systems.
  • PLUME jumped roughly 25–31% intraday with a sharp rise in trading volume following the announcement, according to market trackers.
  • Plume reports more than 200,000 real‑world asset holders and over $62 million tokenized via its Nest protocol in three months.
  • The company says transfer‑agent operations are live and it is targeting a Q1 2026 Nest vault rollout while pursuing ATS and broker‑dealer licenses to serve 40 Act funds.