Kimber Digital Securities Becomes a Registered Broker-Dealer, Bringing Real US Securities Onchain
The broker-dealer will let customers hold tokenized U.S. securities in self-custodial wallets with the same rights as traditional assets, including dividends and voting power.
- On Tuesday, Kimber Digital Securities registered as a broker-dealer with the Securities and Exchange Commission and joined the Financial Industry Regulatory Authority , marking a regulatory milestone for the Plume affiliate.
- By connecting directly to the Depository Trust Company , the platform bypasses synthetic "wrapped tokens" common in crypto, giving digital tokens the same legal rights, dividends, and voting power as traditional investments.
- Targeting stablecoin users, the firm plans to offer access to SEC-regulated yield-bearing products, including tokenized shares in funds managed by major U.S. asset managers, as GENIUS Act regulations come online in coming months.
- The value of tokenized stocks onchain has surged more than sixfold over the past year, rising to $3.87 billion from $643.3 million in November 2025, reflecting growing market demand for accessible onchain assets.
- Major exchange operators are pursuing similar initiatives, with Formation Securities announcing plans for a Solana-based trading venue offering tokenized shares, targeting a launch ahead of 2027.
11 Articles
11 Articles
Plume Affiliate Wins SEC Registration and FINRA Approval as U.S. Broker-Dealer
Plume has added a U.S. broker-dealer to its tokenization infrastructure after affiliate Kimber Digital Securities secured registration with the Securities and Exchange Commission and membership in the Financial Industry Regulatory Authority, creating a regulated route for the company to distribute tokenized securities to U.S. investors. The approval announced November 10 allows Kimber Digital Securities, or KDS, to conduct broker-dealer activiti…
Kimber Digital Securities Receives Broker-Dealer License for Tokenized Assets
Kimber Digital Securities, an affiliate of the blockchain network Plume, said Tuesday that it has registered with the U.S. Securities and Exchange Commission as a broker-dealer and joined the Financial Industry Regulatory Authority (FINRA). The firm also outlined plans to bring tokenized versions of traditional U.S. securities to onchain custody models—potentially widening access to brokerage [...]
Plume Secures FINRA Approval to Bring Tokenized Securities Into US Markets
Plume affiliate Kimber Digital Securities has secured approval to become a member of the Financial Industry Regulatory Authority (FINRA) and registered as a broker-dealer with the U.S. Securities and Exchange Commission (SEC). The approvals create a regulated route for bringing tokenized securities into traditional financial markets. The move could expand investor access to tokenized stocks, […] Read The Full Article Plume Secures FINRA Approval…
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