Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Summary
Kimber Digital Securities has obtained regulatory approval to operate as a broker-dealer. This development allows the company to bring real-world American assets onto the blockchain. Consequently, users will be able to access legally binding claims, dividend payments, and yield-generating products directly through their self-custodial wallets and stablecoin applications.
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and yield-bearing products directly to self-custodial wallets and stablecoin applications in the U.S.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.