The membership expands the firm's regulatory framework for tokenised securities and on-chain investment products.
Kimber Digital Securities, the broker-dealer affiliated with developer of the Plume blockchain, has secured membership approval from the Financial Industry Regulatory Authority (Finra) and is now registered as a broker-dealer with the US Securities and Exchange Commission (SEC). The registration builds on a series of regulatory approvals obtained by the group The approval marks a key regulatory milestone for Plume's efforts to facilitate the issuance and distribution of tokenised securities