🏛️ Plume affiliate becomes a registered US broker-dealer for tokenized securities
Kimber Digital Securities (KDS), an affiliate of RWA firm Plume, secured SEC registration and FINRA membership approval to operate as a US broker-dealer.
The approvals let KDS connect public blockchain rails to the Depository Trust Company (DTC), so investors could hold eligible stocks, ETFs and bonds in self-custodial wallets as security entitlements carrying dividends and voting rights, rather than wrapped tokens. DTC keeps a "root wallet" able to move, mint or burn tokens to fix errors or replace lost ones.
The platform is not live yet; Plume targets a launch in the first half of 2027, aimed at stablecoin apps and US users.
⭐ A licensed onchain link to DTC is a step toward real, legally recognized US securities trading on public blockchains, a key piece of the tokenization race.
#RWA #Tokenization #Plume #Stablecoins
Kimber Digital Securities (KDS), an affiliate of RWA firm Plume, secured SEC registration and FINRA membership approval to operate as a US broker-dealer.
The approvals let KDS connect public blockchain rails to the Depository Trust Company (DTC), so investors could hold eligible stocks, ETFs and bonds in self-custodial wallets as security entitlements carrying dividends and voting rights, rather than wrapped tokens. DTC keeps a "root wallet" able to move, mint or burn tokens to fix errors or replace lost ones.
The platform is not live yet; Plume targets a launch in the first half of 2027, aimed at stablecoin apps and US users.
⭐ A licensed onchain link to DTC is a step toward real, legally recognized US securities trading on public blockchains, a key piece of the tokenization race.
#RWA #Tokenization #Plume #Stablecoins
