Plume Affiliate Kimber Digital Securities Secures FINRA Membership and SEC Broker-Dealer Registration

Plume announced that its affiliated broker-dealer, Kimber Digital Securities, has received FINRA membership approval and is now registered with the U.S. Securities and Exchange Commission (SEC). The firm plans to use infrastructure provided by the Depository Trust Company (DTC) to enable investors to hold eligible tokenized stocks, ETFs, and bonds in self-custodial wallets while retaining their corresponding book-entry entitlements recorded at DTC and associated shareholder rights. Plume said the model aims to integrate tokenized securities with the existing U.S. securities custody and settlement system while complying with regulatory requirements, including best execution, independent oversight of operational and cybersecurity risks, and ongoing disclosures.