Plume-Affiliated Brokerage Kimber Completes U.S. Broker-Dealer Registration

On Nov. 11, according to TechFlow, citing Cointelegraph, Kimber Digital Securities, an affiliate of blockchain network Plume, said it 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 investors to hold in self-custodial wallets, with no launch date announced yet. The company said the tokens will represent existing ownership recorded through the Depository Trust Company (DTC), investors will retain dividends and voting rights, and eligible holdings can be transferred between traditional brokerage accounts and on-chain wallets.

Source: TechFlow