Plume Network is now an SEC transfer agent. The status lets Plume Network manage tokenized securities under US law. It places TradFi onchain while keeping standard reporting.
The company announced the step on social channels. Plume Network said the SEC transfer agent role supports its mission to host real-world assets (RWA) on a dedicated layer-2. The focus remains operations, not hype or price.
With registration, Plume Network can run recognized issuer services. The SEC transfer agent label ties tokenized securities to compliance and audit trails. Thus, TradFi onchain links to rule-based processes rather than ad-hoc pilots.
Transfer agent duties onchain: shareholder registry, corporate actions, DTCC reporting
A transfer agent maintains the shareholder registry, records transfers, and handles corporate actions. These include dividends, splits, and proxy flows. Plume Network says it can replicate these duties onchain.
Plume Network also references DTCC reporting and SEC interfaces. The claim is that tokenized securities can sync with legacy endpoints. Therefore, DTCC reporting and cap-table views align with onchain events.
This structure gives issuers consistent records. The shareholder registry lives onchain, while corporate actions execute with clear rules. As a result, tokenized securities keep standardized lifecycle controls.
Industry trackers place real-world assets (RWA) near $33 billion. Yet institutional adoption is smaller. Chris Yin, Plume Network co-founder and CEO, described the pace at Token2049 Dubai.
“These things move incredibly slowly — you have to show value, you have to show adoption first,”
Chris Yin said at Token2049 Dubai. The line speaks to program rollout, not price. It frames RWA timelines as staged.
Current RWA activity clusters in US Treasuries and private credit. Plume Network’s read mirrors public data. Therefore, tokenized securities concentrate in low-risk, yield-bearing instruments.
Beyond yield: cap table transparency, investor engagement, and tokenized securities workflows
Plume Network points to cap table transparency as a next step. Tokenized securities can encode transfer rules, whitelists, and disclosures. That reduces manual checks at the edge.
Issuers can handle investor onboarding and corporate actions with consistent logic. The shareholder registry updates as transfers settle. Meanwhile, DTCC reporting and SEC paths remain intact.
This is how TradFi onchain can scale beyond short-term yield. The SEC transfer agent role anchors compliance. Then, smart contracts enforce the cap-table state and transfer limits.
Capital and throughput: $20M round and $62M via Nest Credit
Plume Network raised $20 million in December. Brevan Howard Digital, Huan Ventures, and Galaxy Ventures backed the round. The funds target RWA integrations and regulated workflows.
Since then, Plume Network cites over $62 million in tokenized assets through Nest Credit. The venue focuses on fixed income for institutions. It shows RWA throughput inside a defined channel.
The Nest Credit figure sits in a tighter funding climate. Even so, RWA infrastructure continues to draw capital. Plume Network uses that capital to expand tokenized securities rails.
Tokenized equities and rules: platforms test demand as SEC debates venue paths
Interest in tokenized equities is building. Platforms such as Robinhood and Kraken have explored equity-linked tokens. These efforts test custody, access, and venue rules.
At the same time, the SEC is weighing changes that could let tokenized equities trade on crypto venues. Any update would define venue obligations and clearing expectations. It would also shape DTCC reporting alignment.
With SEC transfer agent status, Plume Network can support equity workflows if rules open. The role fits the issuer stack, while onchain code manages the shareholder registry and corporate actions.