Plume Gets Official SEC Approval: The Future of Regulated Blockchain Is Here!
The official approval of Plume (PLUME) as a registered transfer agent for tokenized securities was granted by the U.S. Securities and Exchange Commission (SEC) on October 6. This was a major turning point in the shift to blockchain marketplaces that are regulated. After the announcement, PLUME’s price surged 31% in the market before leveling off at $0.12. A rising attempt to combine blockchain innovation with US financial control is highlighted by the decision, according to analysts.
Plume Brings Shareholder Management to the Blockchain with SEC Approval
Plume can now manage shareholder records, trades, and dividend payments directly on-chain in its capacity as a transfer agent. Compliance is integrated into the digital asset ecosystem through the registration, which links its infrastructure to the SEC and the Depository Trust & Clearing Corporation (DTCC). In order to conduct ownership changes and preserve shareholder data, transfer agents have long been essential. The blockchain-native system from Plume provides real-time audit visibility and automates these tasks.
Regulated on-chain reporting is no longer theoretical — it’s operational. We built this framework to integrate digital and traditional finance without friction.
Plume co-founder Chris Yin
The company claimed that in just three months, it had onboarded over 200,000 real-world asset owners through the Nest platform. Additionally, it declared that it had cleared over $62 million worth of tokenized asset transactions. The registration serves as a starting point for bringing blockchain technology into compliance with US securities law, it continued.
SEC Endorsement Marks Turning Point for Blockchain Regulation in the U.S.
The SEC‘s endorsement highlights a more general shift in regulation toward considering blockchain as a workable market infrastructure. It comes after the CFTC began a $15 billion tokenized collateral pilot last month and collaborative SEC–CFTC talks. Plume’s success, according to observers, may encourage other tokenization companies to aim for comparable recognition, hastening institutional investment in digital securities. Custodians and broker-dealers may feel more secure knowing that blockchain operations can operate within federal frameworks due to the SEC’s approval.
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