Plume affiliate Kimber Digital Securities has secured approval to become a member of the Financial Industry Regulatory Authority (FINRA) and registered as a broker-dealer with the U.S. Securities and Exchange Commission (SEC). The approvals create a regulated route for bringing tokenized securities into traditional financial markets.
The move could expand investor access to tokenized stocks, exchange-traded funds (ETFs) and bonds through digital wallets while connecting eligible assets to existing U.S. securities infrastructure.
Kimber Expands Regulated Onchain Services
Plume announced the approval in an November 10 post on X, describing it as a step toward bringing traditional financial assets onto blockchain networks.
The latest registration builds on Plume’s earlier regulatory efforts. Its affiliate, Kimber Transfer Agency, registered with the SEC in September 2025. The company also has a Bermuda subsidiary that received approval from the Bermuda Monetary Authority to operate as a regulated vault curator.
Related: Goldman Sachs, Citi Back $270M Stablecoin Project Targeting 2027 Launch
DTC Access Could Support Asset Transfers
Kimber’s approval creates a route for tokenized securities to connect with the Depository Trust Company’s (DTC) clearing and settlement infrastructure. It could also support transfers between traditional brokerage accounts and onchain platforms through the Automated Customer Account Transfer Service (ACATS). However, Plume has not announced a launch date.
CEO Chris Yin said regulated investment opportunities could attract users beyond stablecoins.
Plume also reported $250 million in total value locked across its vaults and approximately $1 billion in platform transaction volume.
Related: Visa Adds Monad to Stablecoin Network, Expanding Blockchain Settlement Options
Please note, this site provides content for entertainment purposes only and does not offer financial advice. Read more here