Kimber Digital Securities has achieved SEC broker-dealer status, paving the way for the firm to offer tokenized US equities and bonds with preserved shareholder rights as the onchain market grows to $3.87 billion.
Plume's affiliate Kimber Digital Securities registered as a broker-dealer with the SEC and joined FINRA on Tuesday, enabling planned tokenized US stocks, ETFs and bonds held in self-custodial wallets. This is a concrete regulatory milestone that strengthens the Plume ecosystem's credentials in tokenized securities. However, Kimber is a separate entity, no launch date was given, and no token-specific economics are stated, so the direct effect on the Plume token is modest.
Kimber Digital Securities, an affiliate of the Plume blockchain, registered as a broker-dealer with the SEC and joined FINRA on Tuesday. The firm plans to offer tokenized US stocks, ETFs, and bonds that allow investors to maintain dividend and voting rights within self-custodial wallets.
Kimber Digital Securities, an affiliate of the Plume blockchain network, is now registered with the SEC and a FINRA member. That gives Plume a regulated pathway to offer tokenized US stocks, ETFs and bonds, including yield-bearing products for stablecoin users, though no launch date was announced.