Plume's affiliated broker-dealer, Kimber Digital Securities, is now a FINRA member and registered with the SEC.
Plume G | Hanami
Plume's affiliated broker-dealer, Kimber Digital Securities, is now a FINRA member and registered with the SEC.
Plume General Counsel Salman Banaei (@banamlas) and Head of Regulatory Strategy Alex Palmer (@ThatAlexPalmer) explain how this move unlocks onchain access to US stocks, bonds, and ETFs. 👇
Quoted @therollupco: DAS LONDON: Salman Banaei & Alex Palmer On Why Plume's Broker-Dealer Approval Unlocks US Markets Onchain
Salman and Alex break down how Plume's newly approved broker-dealer gives users compliant onchain access to stocks, bonds, and ETFs, and why it puts Plume ahead of everyone trying to tokenize US securities.
@banamlas @ThatAlexPalmer @plumenetwork
00:00 Intro
01:57 From User Products To Transfer Agent
04:34 ETFs Stocks And Bonds In Wallets
06:35 AMM Innovation Exemption Still Requires KYC
08:53 Smart Contract Rechecks KYC Every Hour
11:47 Unlocking Collateral Mobility For Tokenized Securities
13:47 Payment Networks Need Licensed Broker-Dealers
15:47 Educating FINRA On How Onchain Works
18:16 Non-Custodial Broker-Dealers Are Incredibly Difficult