Altcoin sector | For RWA, look at rights before narratives
CoinDesk’s November 10 RSS reported that Plume affiliate Kim Digital Securities received approval from the SEC and FINRA, paving the way for compliant on-chain securities rights services. Approval does not mean that any token has regulatory endorsement.
My screening order: Can the rights be enforced? Who issues and custody the assets? What restrictions apply to redemptions and transfers? Business progress may not translate into token value—don’t treat a license as a signal that prices will broadly rise.
Source: CoinDesk official RSS, collected 11/11. #RWA
CoinDesk’s November 10 RSS reported that Plume affiliate Kim Digital Securities received approval from the SEC and FINRA, paving the way for compliant on-chain securities rights services. Approval does not mean that any token has regulatory endorsement.
My screening order: Can the rights be enforced? Who issues and custody the assets? What restrictions apply to redemptions and transfers? Business progress may not translate into token value—don’t treat a license as a signal that prices will broadly rise.
Source: CoinDesk official RSS, collected 11/11. #RWA