Kimber Digital Securities Achieves SEC Registration as Broker-Dealer for Onchain U.S. Securities

Kimber Digital Securities: Revolutionizing Access to Onchain Investments

In a landmark move set to reshape the landscape of digital finance, Kimber Digital Securities LLC has gained approval to operate as a registered broker-dealer under the U.S. Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA). This approval not only expands the capabilities of Kimber but also enhances the accessibility of tokenized U.S. securities for investors.

Kimber Digital Securities is a subsidiary of Plume, a pioneering entity within the realm of blockchain technology. The firm operates the Plume blockchain, which is recognized as the first Ethereum layer 2 blockchain tailored specifically for real-world assets. Furthermore, they developed the Nest Vault protocol, integrating advanced compliance measures such as sanctions and Anti-Money Laundering (AML) transaction screening right at the protocol level.

This regulatory endorsement marks a significant achievement for Plume's strategy to adeptly bridge traditional finance with innovative digital solutions. The establishment of a registered broker-dealer will allow real tokenized securities to transition more seamlessly into the wallets of investors, enhancing their experience and confidence within the burgeoning onchain ecosystem.

Secure and Regulated Environment

One of the core missions of Kimber Digital Securities is to provide a regulated pathway for investors to engage with tokenized securities. This operational framework ensures that users benefit from the protections typically afforded to investors in traditional financial markets, including best execution practices and operational safeguards against cyber risks.

In September 2025, Plume took its initial step toward regulatory alignment by establishing Kimber Transfer Agency, which is registered with the SEC as a transfer agent. This facilitates the management of digital securities and the handling of shareholder records, cover share issuance, and dividend distributions on both onchain and offchain platforms.

In May 2026, Plume’s Bermuda subsidiary, Kimber Digital Assets, secured regulatory approval from the Bermuda Monetary Authority to function as a vault curator, thus broadening the scope of their tokenization capabilities. Currently, the Plume Vaults protocol holds a Total Value Locked (TVL) of $250 million, alongside an impressive transaction volume nearing $1 billion—indicators of the booming demand for easily accessible onchain products anchored by institutional assets.

A New Era in Capital Markets

By integrating compliance from the onset, Plume effectively facilitates a smoother, more efficient venture for bringing real-world securities onchain. The combination of a regulated broker-dealer with cutting-edge blockchain technology forms a credible infrastructure. This strategy allows for the holding, transferring, and settling of assets onchain, while ensuring the rights of traditional ownership are respected.

As the regulatory framework for stablecoins evolves under the upcoming GENIUS Act, Kimber plans to empower stablecoin applications. This will enable users to access SEC-regulated yield-bearing investments, including tokenized shares managed by top-tier U.S. asset management firms, further connecting American investors with onchain capital markets.

Chris Yin, CEO and Co-Founder of Plume, emphasized the importance of yield and real investment opportunities in keeping users engaged onchain. With more than 700 million individuals possessing crypto wallets, and expectations for that number to exceed 5 billion by 2026, Kimber aims to leverage these partnerships for providing access to U.S. tokenized securities.

Innovative Ownership and Investment Models

With DTC (Depository Trust Company) encompassed in their operational model, Kimber has forged a more direct method for American customers to own securities—something that traditional markets have not fully achieved. This innovative model utilizes the tokenized securities technology to represent ownership in a way that adheres to current legal frameworks.

As shareholders maintain a security entitlement through Kimber’s broker-dealer, it guarantees that they possess the same rights as they would with conventional assets—such as dividends and voting rights—without having to compromise on the legal integrity of ownership. This is instrumental in providing investors with tangible claims on U.S. equity, ETFs, or bonds.

Salman Banaei, General Counsel at Plume, elaborated on the registration milestones stating, "Registration is a threshold, not an end goal. It allows us to transform the promise of tokenization into real actions that blend investor protections with the efficiency of open, programmable infrastructure." Such advancements signify not only changes in the market dynamics but a bridge to connect global capital with U.S. market opportunities, amplifying access and market efficiency.

Conclusion

This development from Kimber Digital Securities symbolizes a significant leap toward establishing genuinely onchain American capital markets. With a commitment to compliance and innovation, they are strategically positioned to redefine the financial transactions for a digital-savvy generation of investors. Through real ownership, onchain distribution, and a firm grasp on regulatory compliance, Kimber and Plume are set to usher in a new era in digital finance, making significant strides in the integration of traditional investment principles and modern technology.