The US Securities and Exchange Commission (SEC) approved Plume (Plume) as a registered transfer agent from Tokenized Effects on 6 October.
The announcement ensured that the Pluimtoken increased 31% from $ 0.1022 to $ 0.1342 before setting himself at $ 0.12 from the moment of the press, which represented an increase of 21% in the last 24 hours.
The registration enables Plume to manage shareholders records, transactions and dividends in the chain, while CAP tables are linked and directly reports to the SEC and the Depository Trust & Clearing Corporation (DTCC) systems.
Traditional transfer agents work off-chain, but Pluim now brings that infrastructure with blockchain networks with native compliance tools.
The transfer agent of the Platform makes on-chain CAP table and trade report possible to the SECs and DTCC, as well as native fund administration for issuers and asset managers, while facilitating onboarding faster without jeopardizing the regulations.
Plume stated that the registration represents its first step in working with the SEC to build fully conformed token -organized capital markets.
The platform reported that it brought more than 200,000 Real-World power holders and more than $ 62 million in tokenized assets through its nest platform in three months.
Plume said that the transfer agent gives emptents and assets managers tools to safely scale on-chain while retaining the regulatory standards.
Tokenization is growing in the US
The approval comes when American supervisors accelerate the coordination of digital assets supervision.
The SEC and the Commodity Futures Trading Commission (CFTC) held a joint round table on September 29 to tackle fragmented regulations that had previously discouraged innovation and had pushed crypto activity offshore.
SEC chairman Paul Atkins and CFTC acting chairman Caroline Pham stated that harmonization can lower barriers and improve efficiency in financial markets.
The CFTC announced an initiative on 23 September to make Tokenized collateral in derivatives markets possible, including Stablecoins.
Pham described the move as promoting blockchain technology in collateral management systems, which states that “tokenized markets are here and they are the future.”
The registration of the transfer agent from Plume directly connects the infrastructure of the platform with federal reporting systems in response to the progress of the regulatory authorities on the American tokenized securities market.