Plume Network Becomes SEC-Regulated Transfer Agent, Accelerating Onchain Securities

Plume Network, a modular Layer 2 blockchain focused on real-world assets (RWAs), has officially registered as an SEC-regulated transfer agent—marking a major step toward bridging decentralized finance (DeFi) with traditional finance (TradFi). Following the announcement, Plume’s native token (PLUME) surged 25%, and daily trading volume jumped 186%, according to CoinMarketCap.

As a registered transfer agent, Plume now facilitates the issuance, transfer, and management of tokenized securities directly onchain, ensuring interoperability with the U.S. Depository Trust & Clearing Corporation (DTCC) settlement network. This regulatory milestone allows Plume to manage shareholder records, streamline digital securities issuance, and cut tokenization timelines from months to weeks through smart contract automation.

CEO and Co-Founder Chris Yin emphasized the platform’s mission to combine investor protection with blockchain efficiency. “With this fully onchain transfer agent protocol, we’re streamlining the issuance of digital securities while maintaining regulatory oversight,” Yin said. The initiative positions Plume as a critical infrastructure layer for institutions like BlackRock, Fidelity, and Apollo exploring compliant digital asset solutions.

Plume’s transfer agent service mirrors traditional roles such as maintaining shareholder records and processing ownership changes—but leverages blockchain for transparency and security. The company’s registration follows active collaboration with regulators and contributions to the GENIUS Act discussions.

Plume’s regulated infrastructure is already operational, and its first product rollout—featuring Nest protocol vaults—is scheduled for Q1 2026. Nest enables fund managers to create vaults backed by regulated assets, offering investors permissionless yield opportunities.

With growing interest from SEC-registered 40 Act funds, Plume is also pursuing additional licenses, including Alternative Trading System (ATS) and broker-dealer registrations, aiming to establish a fully compliant onchain capital market for tokenized securities. This move positions Plume at the forefront of the transition to compliant onchain finance.