Plume Network Registers as Transfer Agent with SEC, Prices Surge Over 20%

On December 7, the cryptocurrency platform Plume Network announced that it had acquired the status of a transfer agent from the U.S. Securities and Exchange Commission (SEC). Following the announcement, the price of PLUME tokens surged by 21.5% compared to the previous day. A transfer agent specializes in the management of records and registrations for securities such as stocks. Plume Network is a Layer 1 platform that tokenizes real-world assets on the blockchain and integrates them with DeFi (Decentralized Finance). The platform, which began operations in June, has partnered with entities like Superstate and saw a 21% increase on its first day...