So excited! Sharing a big event with everyone —— Plume has officially registered as a Transfer Agent with the U.S. Securities and Exchange Commission (commonly known as the SEC)!
This step is really crucial, equivalent to opening an important channel for "on-chain" access to the trillion-dollar U.S. securities market. We are currently collaborating with the SEC, with the goal of building a fully compliant on-chain capital market system that is secure, adheres to all regulations, and is also fast.
Some may not be clear about what a Transfer Agent does; in traditional finance, it mainly manages shareholder registers, handles transactions, and processes dividends. What Plume aims to do now is to move this core infrastructure on-chain, and it can directly connect with the SEC and DTCC systems, enhancing the interconnectivity.
Specifically, Plume's on-chain Transfer Agent can achieve several practical functions:
First, there is an on-chain equity ledger and real-time transaction reports, which can directly interface with the SEC and DTCC, eliminating the need for traditional cumbersome processes;
Secondly, it can provide native fund management functions for issuers and asset managers, essentially delivering tools directly into their hands;
Most importantly, under the premise of full compliance, it allows users and assets to go on-chain faster, without having to choose between "compliance" and "efficiency."
Moreover, let's take a look at Plume's previous achievements; it has already reached:
Over 200,000 RWA (Real World Asset) holders;
The scale of on-chain asset tokenization has exceeded $62 million, which is not a small amount.
After becoming a registered Transfer Agent, Plume will be able to provide issuers and asset management institutions with more secure and flexible on-chain tools, helping them to develop better. In fact, the RWA field has long lacked a truly usable infrastructure that meets compliance requirements and supports global expansion. Today's registration is undoubtedly a key step in bringing the vision of RWAfi (Real World Asset Tokenization Finance) to fruition, with a promising future ahead!
@Plume - RWA Chain #plume $PLUME
