The first case in history! RWA public chain Plume obtains SEC Compliance ticket: allowing $39 trillion funds in the US to go on-chain.

Focusing on physical assets (RWA) on-chain, Plume Network has officially registered with the U.S. Securities and Exchange Commission (SEC) as a compliant transfer agent. This means that Plume will be able to manage digital securities and shareholder registers directly on-chain, and interconnect with the U.S. securities depository and clearing corporation (DTCC) system, paving the way for traditional financial institutions to enter the blockchain market. After the announcement, Plume's native token PLUME surged by 25% within 24 hours, with volume skyrocketing by 186%.

Plume allows SEC regulated equity registration on-chain

Traditional transfer agents are responsible for maintaining shareholder registers, managing stock transfers, and distributing dividends and interest. Plume now fully moves this infrastructure onto the Blockchain, creating "Onchain Cap Table ( on-chain equity register )," allowing all share transfers and reports to be directly connected to the SEC and DTCC systems.

The three main functions provided by Plume Transfer Agent include:

On-chain equity ledger and real-time reporting: All transaction records are automatically synchronized to the SEC/DTCC.

Native fund management tool: Assists issuers and asset management institutions in directly managing funds on-chain.

Fast Compliance on-chain: Significantly shorten the on-chain process without sacrificing regulatory compliance.

In the three months since NestCredit launched on Plume, it has accumulated over 200,000 RWA investors and managed tokenized assets totaling 62 million US dollars.

Plume will support IPOs, funds, and on-chain funds under the Investment Company Act of 1940.

After becoming an SEC-approved transfer agent, Plume will be able to handle a variety of on-chain financial operations, including:

on-chain IPO issuance

Funding for Small and Medium Enterprises

Tokenized Management of Registered Funds

By automating processes through smart contracts, Plume can shorten the traditional tokenization process from months to weeks, significantly reducing time and costs. In addition, Plume is actively applying for Alternative Trading System (ATS) and Broker-Dealer licenses, with the aim of building a fully compliant "on-chain capital market" infrastructure.

It is particularly noteworthy that Plume's strategy focuses on fund types that comply with the 1940 Investment Company Act (40 Act), including:

Open-end Mutual Funds

Closed-end Funds

Unit Investment Trusts

These funds constitute the core of the U.S. asset management industry, with a total asset size exceeding 39 trillion dollars. Plume's on-chain solution can assist such funds in securely migrating to the blockchain ecosystem while ensuring regulatory Compliance.

Future Outlook: Launch of the first batch of products in Q1 2026

Plume has launched its compliance transfer agency business, allowing fund institutions to connect and use it immediately, with the first batch of products expected to go live in the first quarter of 2026. The initial focus will be on the Nest protocol vaults (Nest Vaults), which is an on-chain management platform designed for fund managers that can create vaults backed by regulated financial instruments.

General users can deposit stablecoins into these vaults to earn returns through underlying physical assets, realizing the concept of "Compliant Yield Farming." Plume pointed out: "This transfer agency license allows us to support the conversion of traditional securities into compliant digital asset forms, particularly for products like 40 Act funds, which represent the pillars of the U.S. asset management industry."

This article marks the first case in history! RWA public chain Plume has secured SEC compliance: allowing $39 trillion funds in the United States to go on-chain, first reported by Chain News ABMedia.