Kimber affiliate secures broker-dealer status for tokenized securities

Kimber Digital Securities, an affiliate of the Plume blockchain network, has registered with the SEC and been incorporated into FINRA, allowing the firm to act as a broker-dealer. Crypto Economy reported the development, saying the registration positions Kimber to facilitate access to tokenized securities through blockchain-based infrastructure. The planned offering covers tokenized U.S. stocks, bonds and exchange-traded funds. Both Crypto Economy and Cointelegraph report that investors will be able to hold these securities directly in self-custodial wallets rather than relying on a conventional third-party custody arrangement. The approach links regulated brokerage activity with direct investor control over digital asset wallets. The two outlets corroborate the central regulatory and distribution details: both identify Kimber as a Plume affiliate, describe its SEC registration and FINRA incorporation, and list the same three asset categories. Cointelegraph specifically highlights that traditional shareholder rights will be preserved, while Crypto Economy emphasizes direct custody in self-custodial wallets. No material conflict appears between their accounts. Plume’s on-chain ecosystem provides relevant context for the initiative. DeFiLlama reports that the network’s total value locked stands at $219.78 million, a 1.5% decline over seven days. The figures reflect the infrastructure surrounding Kimber’s planned securities offering, although neither outlet links a particular portion of that TVL to the forthcoming service. The broader crypto market is also under pressure, with total capitalization at $2.52 trillion and Bitcoin down 1.56% over 24 hours. The Fear & Greed index stands at 29, placing sentiment in the “Fear” range. For Kimber, the next points to watch are the implementation of the tokenized securities service and whether shareholder rights and self-custody operate as described when the offering becomes available.