Plume Network soars 27% after SEC approves its tokenized securities registration

The price of PLUME tokens went vertical after Plume Network received a US SEC registration to become a regulated transfer agent for tokenized ￰0￱ broke out with over 27% in gains for the past ￰1￱ tokens expanded by over 27% in the past day, rising to a one-weel peak at $0.12. PLUME reacted to the news that Plume Network received a US Securities and Exchange Commission registration to become a transfer agent for tokenized ￰2￱ rallied within a minute, adding up to 30% on the news of its transfer agent status. |) October 6, 2025 Plume Network is an L2 chain specialized for tokenized RWA ￰3￱ general, all networks can carry tokenized stocks, and there is no single standard in crypto for tokenized ￰4￱ types of tokenized assets have taken the lead, especially BlackRock’s BUIDL and XStocks on ￰5￱ Network took the next step of having regulatory clarity on moving tokenized ￰6￱ Network will fulfill the role of traditional transfer agents, which handle trades, records, and ￰7￱ L2 chain will be able to supply all those data points and report directly to the ￰8￱ Network offers transfer agent services to third parties and funds, with fast onboarding and full ￰9￱ Network has worked with the SEC for transparent reporting The status of an official transfer agent arrives after Plume Network met with SEC representatives in the past few ￰10￱ May, Plume Network presented its technical capabilities to the Commission, raising the issue of asset ￰11￱ Network requested a regulatory sandbox for tokenized securities in order to create a suitable regulatory framework. ‘ An open blockchain sandbox will enable the Commission, in cooperation with participants and the public, to develop a new regulatory architecture that leverages the capability of open blockchains and complementary technologies to achieve the same or better policy outcomes as regulations developed for legacy technologies, ’ explained Plume Network in one of its policy ￰12￱ open interest breaks out to a record During the latest market upturn, PLUME traded with open interest of over $46M, the highest for the past three ￰13￱ with other tokens, PLUME is finally gaining attention from derivative ￰14￱ $24.3M of open interest is on Binance’s derivative ￰15￱ reason for the vertical rally is the concentration of PLUME trading on Binance, with over 34% of volumes on the Binance spot ￰16￱ the news, it only took a minute for PLUME to rise up to 30%.

Volumes also grew within minutes, showing older projects could still rise on a utility ￰17￱ Network currently secures over $97M in ￰18￱ an L2 chain , Plume Network is still not considered sufficiently ￰19￱ Cryptopolitan reported previously, the chain has also collaborated with TRON on asset ￰20￱ you're reading this, you’re already ￰21￱ there with our newsletter .