Plume Registered as SEC Transfer Agent; Token Surges

Plume Network has been registered by the U.S. Securities and Exchange Commission as a transfer agent, enabling it to manage digital securities, shareholder records and on‑chain cap tables while interoperating with DTCC settlement systems. The designation allows Plume to support on‑chain IPOs, small‑cap fundraising, registered funds and native fund administration, and the company says smart‑contract automation can cut tokenization timelines from months to weeks. Plume has onboarded over 200,000 RWA holders and facilitated more than $62 million in tokenized assets via its Nest platform, and previously raised $20 million to accelerate tokenization efforts. The market reacted sharply: PLUME’s token jumped roughly 21–31% after the announcement, with some reports of about a 25% move and a roughly 186% spike in daily volume before settling. The approval arrives amid broader U.S. regulatory coordination on digital assets — including SEC–CFTC discussions and CFTC initiatives around tokenized collateral — and reflects Plume’s active engagement with regulators (including contributions around the GENIUS Act) and interest from institutional firms such as BlackRock, Fidelity and Apollo.