Plume Affiliate Wins SEC Registration and FINRA Approval as…
By Abdelaziz Fathi
AI summary of the source article
Plume affiliate Kimber Digital Securities has secured SEC registration and FINRA membership as a U.S. broker-dealer. The approval provides a regulated path to distribute tokenized securities to U.S. investors, with a platform launch planned for the first half of 2027.
Why it matters
The approval creates "a regulated route for the company to distribute tokenized securities to U.S. investors" by representing customer-level security entitlements onchain within existing securities infrastructure.
Key facts
- Kimber Digital Securities secured SEC registration and FINRA membership to conduct broker-dealer activities.
- The planned platform aims to connect self-custodial wallets to securities entitlements held through the Depository Trust Company, with launch expected in H1 2027.
- Plume's regulatory stack also includes an SEC-registered transfer agent and a Bermuda-authorized entity for tokenized investment vaults.
Source excerpt · FinanceFeeds
Plume has added a U.S. broker-dealer to its tokenization infrastructure after affiliate Kimber Digital Securities secured registration with the Securities and Exchange Commission and membership in the Financial Industry Regulatory Authority, creating a regulated route for the company to distribute tokenized securities to U.S. investors. The approval announced November 10 allows Kimber Digital Secu…