Plume Network, a modular layer 2-blockchain dedicated to assets in the real world (RWAs), is now a SEC-regulated transfer agent that streamlined the issuance, transfer and control of tokenized securities.
The network’s native token (plume) increased by 25% after the announcement as the daily trading volume increased by 186%, according to CoinMarketcap.
As a registered transfer agent, Plume will now manage digital securities and shareholder registries directly onchain that supports interoperability with US Depository Trust & Clearing Corporation (DTCC) SETTLETLENT NETWORK, according to the press release shared with Coindesk.
Furthermore, it will facilitate a number of application cases, including onchain-IPOs, fundraising of small capsules and registered funds. Most notably, the technology aims to reduce tokenization time lines from months to just weeks via smart contract automation.
Plume’s registration provides a much -needed legislative infrastructure for institutions such as Blackrock, Fidelity and Apollo seeking transfers to the chain.
“At Plume, we believe that there is transfer agent regulation to protect investors’ rights as shareholders. With this fully onchain transfer agent protocol streamline we are issuing digital securities with a built-in partnership with regulators,” said Chris Yin, CEO and co-founder of Plume.
“The Crypto industry has searched for a viable bridge between defense speed and Tradfi’s protective measures. With the issuing of this license, Plume places the ideal solution for this search,” Yin added.
A transfer agent in the traditional sense is a financial institution that maintains official registrations of a company’s shareholders, manages ownership changes, issues stock certificates and handles dividends and interest payments.
A blockchain transfer agent, such as Plume, performs similar features on-chain by utilizing distributed headbox technology that offers a secure, unchanging and transparent digital registration of asset ownership and transfers.
Plume’s performance comes after its active cooperation with regulatory bodies, including its contribution to discussions about the Genius Act. The message follows SEC Commissioner Hester Peirce’s remarks last week, which expresses the regulator’s openness to engage in issuers of the real world’s tokenization projects.
Initial product development probably in Q1 2026
Plume’s regulated transfer agent is operational, allowing interested funds to engage in Plume’s infrastructure with immediate effect, even when a broader legislative framework continues to develop.
Based on this foundation, Plume plans to launch its initial product offerings involving Nest Protocol Vaults in the first quarter of 2026. Within Plume Network, Nest is one of the significant protocols that focus on stack mechanisms for the real world (RWA) protocols.
Nest allows fund managers to create vaults supported by regulated financial instruments. Users can then deposit stableecoins in these vaults to earn dividends in a permission -free way from the underlying assets of the real world.
Targeting of 40 ACT — funds
Plume said it has already collected interest from SEC-registered investment funds (40 Akteconds). And while regulatory challenges, such as custody issues, present obstacles, the company expects these to be reduced when SEC proposes new rules through 2026 and ends them by 2027.
The 40 stock funds are offered public, total investment vehicles, such as open mutual funds, closed funds and unit investments registered under the Investment Act of 1940.
The timing is consistent with a wider market change against onchain offenses and positions that are plushing at the forefront of this transition.
“The license allows Plume to support the migration of offchain afarants for compatible digital forms, especially 40 AKT funds -the traditional backbone of the US asset management industry that represents over $ 39 trillion,” the company Coindesk said.
Plume is also looking for additional licenses, including Alternative Trading System (ATS) and Broker-Dealer Registrations, to develop a fully compatible infrastructure for capital market infrastructure for 40 ACT.
Update, October 6, 15:22 UTC: Changes heading and adds sections to include token movement.
