Plume Network, a modular layer 2 block chain dedicated to real world assets (RWAS), is now a transfer regulated transfer agent, simplifying the emission, transfer and management of tokenized values.
The native network token increased by 25% after the announcement, since the daily negotiation volume increased by 186%, according to Coinmarketcap.
As a registered transfer agent, Plume will now administer digital values ​​and shareholders’ records directly in the chain, which supports interoperability with the US Depository Trust & Clearing Corporation (DTCC) settlement, according to the press release shared with COINDESK.
In addition, it will facilitate a variety of use cases, including Ochain OPI, small capitalization funds and registered funds. In particular, technology aims to reduce the deadlines for tokenization of months to only weeks through the automation of intelligent contracts.
The Plume record provides a very necessary regulatory infrastructure for institutions such as Blackrock, Fidelity and Apollo that seek chain asset transfers.
“In Plume, we believe that there is the regulation of the transfer agent to protect the rights of investors as shareholders. With this transfer agent protocol completely in the chain, we are simplifying the issuance of digital values ​​with an association incorporated with regulators,” said Chris Yin, CEO and Plume co -founder.
“The cryptographic industry has been looking for a viable bridge between defi speed and tradfi safeguards. With the issuance of this license, it places the column as the ideal solution for this search,” Yin added.
A transfer agent in the traditional sense is a financial institution that maintains official records of the shareholders of a company, manages property changes, issues certificates of shares and manages dividend and interest payments.
A blockchain transfer agent, such as the pen, performs similar functions in the chain by taking advantage of distributed accounting technology, offering a safe, immutable and transparent digital record of property and asset transfers.
The achievement of Plumes occurs after its active collaboration with regulatory agencies, including their contributions to the discussions surrounding the genius law. The announcement follows the comments of the SEC Hester Peirce commissioner last week expressing the opening of the regulator to interact with issuing projects of real world assets.
Initial product display probably in the first quarter of 2026
The Plume regulated transfer agent is operational, allowing interested funds to commit to Plume infrastructure with immediate effect, even as the broader regulatory frameworks continue to evolve.
On the basis of this base, Plume plans to launch its offers of initial products, which involve Nest protocol vaults, in the first quarter of 2026. Within the Penacho Network, Nest is one of the important protocols focused on the rethinking mechanisms for real world asset protocols (RWA).
Nest allows fund managers to create vaults supported by regulated financial instruments. Then, users can deposit stable in these vaults to obtain performance in a way without permission from the underlying assets of the real world.
Go to 40 ACT funds
Plume said he has already obtained interest from the investment funds registered in the SEC (40 ACT funds). And although regulatory challenges, such as asset custody problems, current obstacles, the company anticipates that they will decrease as the SEC proposes new rules until 2026 and end them by 2027.
The 40 funds of the law are offered publicly, grouped investment vehicles, such as open mutual funds, closed funds and investment trusts of units, registered by virtue of the Investment Law of 1940.
Synchronization is aligned with a broader market change towards the values ​​of the chain and the column of positions at the forefront of this transition.
“The license allows Plume to support the migration of values ​​outside the chain in compatible digital forms, especially 40 ACT funds, the traditional backbone of the US asset management industry. UU. It represents more than $ 39 billion,” the firm told Coindesk.
Plume is also looking for additional licenses, including the Alternative Trade System (ATS) and the record runners records, to develop a capital market infrastructure in the chain fully compatible for 40 ACT funds.
Update, October 6, 15:22 UTC: Change the header and add paragraph to include the movement of the Token.
