Plume Network, a modular layer 2 blockchain focused on real-world assets (RWAs), has officially registered as a transfer agent with the U.S. Securities and Exchange Commission (SEC). The move positions the network at the intersection of decentralized finance (DeFi) and regulated capital markets.
The registration allows Plume to manage shareholder records, process securities transfers, and integrate directly with the Depository Trust & Clearing Corporation (DTCC) — the core of U.S. market settlement infrastructure.
Following the news, Plume network’s native token, PLUME, surged 25% with daily trading volume rising 186%, according to CoinMarketCap.
Through this regulatory conquest, Plume can now handle onchain cap tables, dividend distribution, and trade reporting to the SEC and DTCC in real time. The initiative aims to shorten tokenization timelines for securities from months to weeks by leveraging smart contracts and automated compliance tools.
“Transfer agent regulation exists to protect investors’ rights as shareholders,” said Chris Yin, CEO and co-founder of Plume. “By bringing this process fully onchain, we’re building a direct bridge between issuers, investors, and regulators.” Yin added that the approval represents a major step toward aligning blockchain operations with traditional investor protections.
The firm’s technology opens pathways for IPOs, small-cap fundraising, and regulated funds under the U.S. Investment Company Act of 1940. Plume has already onboarded more than 200,000 RWA holders and $62 million in tokenized assets through its NestCredit protocol.
Plume targets funds as tokenized securities gain traction
Plume’s registration follows months of collaboration with regulators and coincides with a growing wave of institutional interest in tokenized finance. The company said it has already received inquiries from several 40 Act funds, registered investment vehicles such as mutual and closed-end funds, interested in onchain issuance.
Its first suite of products, including tokenized vaults via Nest Protocol, is slated for rollout in Q1 2026, allowing users to earn yield from real-world assets through regulated structures. Plume also confirmed it is pursuing Alternative Trading System (ATS) and broker-dealer licenses to complete its compliant capital markets framework.
This move follows SEC Commissioner Hester Peirce’s recent comments welcoming dialogue with tokenization issuers. Plume’s registration and focus on 40 Act funds show how tokenized securities are shifting from theory to regulated practice, reshaping how traditional assets move onchain.
Also read: Griffin AI Relaunches $GAIN Token After $3M Bridge Exploit
