PLUME Gains 25% on SEC Approval as Transfer Agent for Tokenized Assets

Plume Network, a modular Layer 2 blockchain focused on real-world assets (RWAs), jumped 25% after becoming an SEC-registered transfer agent. Its native token (PLUME) also saw daily trading volume surge 186%, according to CoinMarketCap.

The SEC registration enables Plume to manage digital securities and shareholder records on-chain, while integrating with the U.S. Depository Trust & Clearing Corporation (DTCC) settlement network. The platform supports on-chain IPOs, small-cap fundraising, and registered funds, with smart contract automation reducing tokenization timelines from months to weeks.

CEO Chris Yin said, “Our fully on-chain transfer agent protocol protects investors and streamlines the issuance of digital securities in partnership with regulators.”

Plume has already garnered interest from SEC-registered 40 Act funds, representing a $39 trillion market. The company plans to launch initial product offerings via Nest protocol vaults in Q1 2026, allowing fund managers to deposit stablecoins and earn yield from regulated RWAs.

Plume is also pursuing ATS and broker-dealer licenses to create a fully compliant on-chain capital market ecosystem.