Search results for Plume Network
Crypto
Plume wins Bermuda regulator licence to run institutional digital asset investment products
Plume Network’s unit Kimber Digital Asset Bermuda has obtained a Class M digital asset business licence from the Bermuda Monetary Authority, it said. The Class M licence is granted with conditions tailored to a specific model, scale and risk for a limited period and scope. The approval allows the unit to design investment policies, manage assets, and issue and distribute equity tokens under BMA supervision.
AI & Enterprise
Global blockchain tech firms pour into Korea amid hopes for regulation
As moves to institutionalise digital assets in South Korea become more concrete, global blockchain firms are gaining momentum in targeting the local market, with infrastructure companies accelerating their push. LayerZero unveiled its Zero platform and held a briefing in Korea, while Plume Network is stepping up efforts in the token securities market. The revised Electronic Securities Act and Capital Markets Act will bring token securities into regulated finance from January 2027.
Crypto
Plume Network wants to tokenise Korean assets and link them to global RWA market
Plume Network, a layer-1 blockchain focused on real-world assets, is accelerating its expansion in South Korea. It has supported the won-pegged stablecoin KRW1 through cooperation with digital asset custodian BDACS and is expanding partnerships with communities and users. CEO Chris Yin said Korean firms are already preparing infrastructure ahead of the expected rollout of a token securities system in about a year. Plume aims to bring Korean assets on-chain and distribute them to global investors.