Plume secures Bermuda license for what it calls first regulated onchain vault manager
The Block
Plume has received a Bermuda digital asset license to launch the world's first regulated onchain vault manager for tokenized real-world assets.Summary
Plume, a blockchain platform focused on real-world asset tokenization, has obtained a Class M digital asset business license from the Bermuda Monetary Authority for its subsidiary, Kimber Digital Assets Bermuda ISAC Ltd. This license allows for the creation of a regulated onchain vault manager, which operates using smart contracts to provide institutional-grade asset management. The vaults are designed to offer bankruptcy-remote, legally segregated structures that comply with international AML standards, enabling permissionless distribution of vault tokens globally while maintaining full regulatory oversight.
(Source：The Block)