Plume Network has received approval from the SEC to operate as a registered transfer agent, enabling it to manage digital securities and shareholder records on-chain with interoperability with the DTCC. This approval is expected to reduce the asset tokenization cycle from several months to weeks. Plume is attracting interest from multiple 40 Act funds and plans to apply for ATS and broker-dealer licenses to build a compliant on-chain capital market infrastructure. Currently, PLUME is priced at $0.121, marking a 24.31% increase over the past 24 hours.