@ThatAlexPalmer: we got licensed as an onchain non-custodial broker-dealer

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@plumenetwork

Kimber Digital Securities, Plume's affiliated broker-dealer, has been approved for FINRA membership and is now registered as a broker-dealer with the SEC. This is a milestone for Plume and a major step toward achieving Plume's mission to bring the real world onchain, compliantly. The broker-dealer is built to put real tokenized securities with full shareholder rights into an investor's wallet. It carries the protections of a regulated firm, e.g., best execution, independent oversight of operational and cyber risk, and clear, continuous disclosure. Broker-dealer registration also gives our customers access to the core of U.S. market infrastructure, the Depository Trust Company. Investors will be able to hold eligible stocks, ETFs, and bonds in their self-custodial wallets while keeping the book-entry claim that's already recorded at the DTC. DTC entitlements give these tokens what most onchain assets lack, a settled, recognized claim on the real U.S. equity, ETF, or bond asset. Real ownership. Onchain distribution. Designed for compliance. Read the full announcement: https://www.plume.org/blog/%20Kimber%20D… Securities offered through Kimber Digital Securities LLC, member FINRA. Investment products are Not FDIC Insured, Not Bank Guaranteed and May lose value.

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@ThatAlexPalmer: we got licensed as an onchain non-custodial broker-dealer

AI summary of the linked article

Kimber Digital Securities, Plume's affiliated broker-dealer, has been approved for FINRA membership and is registered as a broker-dealer with the SEC. The firm is built to put real tokenized securities with full shareholder rights into investors' wallets, with protections such as best execution, independent oversight of operational and cyber risk, and continuous disclosure. The article says the registration gives customers access to the Depository Trust Company, so investors can hold eligible stocks, ETFs, and bonds in self-custodial wallets while keeping the book-entry claim already recorded there.

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