Tokenized securities “going on-chain” does not mean the product is live: Plume-affiliated Kimber Digital Securities says it has become a FINRA member and registered with the SEC as a broker-dealer, establishing a regulated intermediary for on-chain securities services. The key distinction is that the press release explicitly states that DTC tokenized entitlements and stablecoin-related services are still in development and may not yet be available; regulatory registration also does not imply SEC or FINRA endorsement. The current progress is about laying the groundwork through licensing and infrastructure—not making an investment product available. Source: https://www.prnewswire.com/news-releases/kimber-digital-securities-becomes-a-registered-broker-dealer-bringing-real-us-securities-onchain-302935166.html
This article may be eligible for Binance Square’s Write to Earn content rewards, subject to the platform’s eligibility requirements and rules; it does not constitute trading advice.