Plume price forecast: SEC transfer agent nod boosts bulls
The post Plume price forecast: SEC transfer agent nod boosts bulls appeared on BitcoinEthereumNews.com.
Plume price gained by 15% as bulls reemerged amid overall market bounce. The news that Plume has registered a transfer agent adds to bulls’ positivity. Bulls could target its all-time high of $0.24. Plume Network’s native token, PLUME, has surged double digits to hit highs of $0.13 amid regulatory tailwinds related to the US Securities and Exchange Commission (SEC). The platform’s registration as a transfer agent with the SEC puts Plume in position as a compliant gateway for tokenized real-world assets, a move that could trigger fresh interest in its token. Plume secures SEC nod as transfer agent At the heart of PLUME’s ascent is Plume Network’s recent registration with the SEC as a qualified transfer agent for tokenized securities, announced on October 6. This designation marks a critical evolution for the modular Layer-2 blockchain, which specializes in real-world asset finance (RWAfi). As a registered entity, Plume can now legally oversee the issuance, transfer, and record-keeping of digital securities directly on-chain. It opens the door to seamless integration with established U.S. financial infrastructure. Traditionally, transfer agents serve as custodians for shareholder registries. Key features include handling ownership transfers, dividend distributions, and corporate actions in off-chain environments. However, legacy institutions dominate this space. Plume’s innovation lies in automating these processes via distributed ledger technology, ensuring immutable transparency while linking capitalization tables to SEC reporting systems and the Depository Trust & Clearing Corporation (DTCC). The foundation’s already in place. We’ve already onboarded 200K+ RWA holders and more than $62M in tokenized assets on @NestCredit within just three months. Our transfer agent now gives issuers and asset managers the tools to scale onchain securely. — Plume – RWAfi Chain (@plumenetwork) October 6, 2025 As adoption grows, Plume’s status could catalyze trillions in on-chain migration. It’s role in fostering interoperability between TradFi and blockchain…
Filed under: News - @ October 7, 2025 8:26 am