Plume Network gains SEC transfer agent status to bring TradFi onchain

Plume’s SEC registration lets it manage tokenized securities under US law, a step toward merging traditional markets with blockchain infrastructure.

Plume Network, a layer-2 blockchain designed to host real-world assets (RWAs), has registered as a transfer agent with the US Securities and Exchange Commission (SEC) — a move that bolsters its ability to bring traditional financial instruments onchain and streamline the issuance of tokenized securities.

The company announced its registration on social media, saying the step supports its broader mission of migrating securities markets onto blockchain infrastructure.

Transfer agents traditionally handle critical back-office functions for securities issuers, including maintaining shareholder registries, recording ownership transfers and managing corporate actions. 

Read more