Plume Network Registers as SEC Transfer Agent
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). This registration places Plume at the intersection of decentralized finance (DeFi) and regulated capital markets.
The approval allows Plume to manage shareholder records, process securities transfers, and connect directly with the Depository Trust & Clearing Corporation (DTCC), the core of U.S. market settlement infrastructure.
Impact on Plume Token and Market Operations
Following the announcement, Plume’s native token, PLUME, surged 25%. Daily trading volume increased by 186%, according to CoinMarketCap.
With this regulatory status, Plume can now handle onchain cap tables, dividend distribution, and trade reporting to the SEC and DTCC in real time. The company aims to reduce tokenization timelines for securities from months to weeks using smart contracts and automated compliance tools.
Chris Yin, CEO and co-founder of Plume, said, “Transfer agent regulation exists to protect investors’ rights as shareholders. By bringing this process fully onchain, we’re building a direct bridge between issuers, investors, and regulators.” He added that the approval is a major step toward aligning blockchain operations with traditional investor protections.
Future Plans and Industry Significance
Plume’s technology supports IPOs, small-cap fundraising, and regulated funds under the U.S. Investment Company Act of 1940. The network has onboarded more than 200,000 RWA holders and $62 million in tokenized assets through its NestCredit protocol.
The registration follows months of collaboration with regulators and growing institutional interest in tokenized finance. Plume has received inquiries from several 40 Act funds and registered investment vehicles interested in onchain issuance.
Plume plans to launch its first products, including tokenized vaults via Nest Protocol, in Q1 2026. These products will allow users to earn yield from real-world assets through regulated structures. The company is also pursuing Alternative Trading System (ATS) and broker-dealer licenses to complete its compliant capital markets framework.
This development aligns with recent SEC Commissioner Hester Peirce’s comments encouraging dialogue with tokenization issuers. Plume’s registration highlights the shift of tokenized securities from theory to regulated practice, reshaping how traditional assets move onchain.
