Plume-affiliated securities firm Kimber completes US broker-dealer registration

On November 11 that, according to Cointelegraph, Kimber Digital Securities, an affiliate of the blockchain network Plume, has registered as a broker-dealer with the U.S. Securities and Exchange Commission (SEC) and joined the Financial Industry Regulatory Authority (FINRA).

The company plans to offer tokenized U.S. stocks, exchange-traded funds (ETFs), and bonds for holding in self-custody wallets, with no launch date announced at this time. According to the company, these tokens will represent existing ownership recorded through the Depository Trust Company (DTC), allowing investors to retain dividends and voting rights, while eligible holdings can be transferred between traditional brokerage accounts and on-chain wallets.