Plume Network has been officially registered as a transfer agent by the U.S. Securities and Exchange Commission, making it the first blockchain platform authorized to manage the issuance and transfer of tokenized securities under U.S. law. The registration allows Plume to handle shareholder records, trades, and dividend payments directly on-chain, while connecting with SEC and Depository Trust & Clearing Corporation (DTCC) systems for regulatory compliance.
Plume’s platform replicates essential back-office operations typically managed by financial institutions, such as maintaining ownership ledgers and processing corporate actions, but automates these functions using smart contracts and distributed ledger technology. This setup reduces tokenization timelines from months to weeks. The company reports onboarding over 200,000 real-world asset holders and processing more than $62 million in tokenized assets in recent months.
The announcement led to a notable market reaction, with Plume’s PLUME token rising by 25% and trading volume jumping by 186%. Plume Network is attracting interest from regulated funds and plans to seek additional regulatory licenses, including those for alternative trading systems and broker-dealer operations. The goal is to give institutions streamlined, compliant infrastructure for on-chain asset management, making regulated offerings more accessible on blockchain networks.
This regulatory milestone reflects accelerating efforts by U.S. financial authorities to oversee digital asset markets. Industry analysts estimate tokenized real-world asset value at more than $33 billion in 2025, with strong growth in recent years as blockchain adoption in finance expands.
