The value of PLUME tokens went vertical after Plume Network obtained a US SEC registration to turn into a regulated switch agent for tokenized securities. PLUME broke out with over 27% in positive factors for the previous day.
PLUME tokens expanded by over 27% up to now day, rising to a one-weel peak at $0.12. PLUME reacted to the information that Plume Network obtained a US Securities and Alternate Fee registration to turn into a switch agent for tokenized securities.
Plume Network introduced this breakthrough often is the path to bringing trillions of belongings on-chain, with little question in regards to the response of regulators. The information of one other step towards regulated tokenization arrives as RWA belongings on varied chains are valued at over $33B.
Plume has registered a switch agent with @SECGov.
This accelerates our mission to carry the trillion-dollar U.S. securities market onchain. It is our first step in working with the SEC to construct totally compliant tokenized capital markets.
Safely, compliantly, and quick. pic.twitter.com/otqLSIEoE0
— Plume – RWAfi Chain (@plumenetwork) October 6, 2025
Plume Network is an L2 chain specialised for tokenized RWA belongings. Normally, all networks can carry tokenized shares, and there’s no single normal in crypto for tokenized securities. A number of varieties of tokenized belongings have taken the lead, particularly BlackRock’s BUIDL and XStocks on Solana. Plume Network took the following step of getting regulatory readability on transferring tokenized securities.
Plume Network will fulfill the function of conventional switch brokers, which deal with trades, information, and dividends. The L2 chain will have the ability to provide all these information factors and report on to the SEC. Plume Network provides switch agent companies to 3rd events and funds, with quick onboarding and full compliance.
Plume Network has labored with the SEC for clear reporting
The standing of an official switch agent arrives after Plume Network met with SEC representatives up to now few months.
In Could, Plume Network introduced its technical capabilities to the Fee, elevating the difficulty of asset tokenization. Plume Network requested a regulatory sandbox for tokenized securities to be able to create an appropriate regulatory framework.
‘An open blockchain sandbox will allow the Fee, in cooperation with contributors and the general public, to develop a brand new regulatory structure that leverages the aptitude of open blockchains and complementary applied sciences to realize the identical or higher coverage outcomes as rules developed for legacy applied sciences,’ defined Plume Network in certainly one of its policy memos.
PLUME open curiosity breaks out to a file
Throughout the newest market upturn, PLUME traded with open curiosity of over $46M, the very best for the previous three years. As with different tokens, PLUME is lastly gaining consideration from spinoff merchants.
Over $24.3M of open curiosity is on Binance’s spinoff market. The rationale for the vertical rally is the focus of PLUME buying and selling on Binance, with over 34% of volumes on the Binance spot market.
Following the information, it solely took a minute for PLUME to rise as much as 30%. Volumes additionally grew inside minutes, exhibiting older initiatives might nonetheless rise on a utility narrative.
Plume Network at the moment secures over $97M in worth. As an L2 chain, Plume Network continues to be not thought of sufficiently decentralized. As Cryptopolitan reported beforehand, the chain has additionally collaborated with TRON on asset tokenization.
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