Plume Affiliate Wins U.S. Broker-Dealer Status, Plans to Put U.S. Stocks and Other Asset Rights Onchain

November 11 — According to CoinDesk, RWA company Kimber Labs, which operates under the Plume brand, said its affiliate Kimber Digital Securities (KDS) has completed U.S. SEC registration and received approval for Financial Industry Regulatory Authority (Finra) membership, becoming a broker-dealer. The company said the registration gives KDS clients access to U.S. securities depository DTC; once KDS goes live, investors will be able to hold digital rights to eligible stocks, ETFs and bonds in self-custody wallets while retaining DTC book-entry records; KDS will also support stablecoin applications to provide users with SEC-regulated interest-bearing products, including tokenized shares of funds managed by leading U.S. asset managers.