Plume unlocks the bridge between digital securities and blockchain

What is Plume and how does it relate to DTCC?

Plume, a blockchain-based capital markets infrastructure provider, has announced plans to directly manage digital securities and shareholder records on-chain, while integrating with the Depository Trust & Clearing Corporation (DTCC) – the backbone of the US securities depository and settlement system.

Plume’s registration with the SEC as a transfer agent—traditionally the domain of off-chain companies that handle shareholder data, transactions, and corporate actions—now extends to blockchain-native operations. This means issuers can tokenize stocks, bonds, or funds on Plume’s RWAfi chain, with immutable records of ownership, transfers, and dividends etched on-chain for real-time SEC reporting.

Announced on October 6, the approval pushed the $PLUME token price up 25-31% in just one day, with trading volume exploding 186% to $150 million, signaling institutional FOMO in a sector expected to reach $10 trillion by 2030.

Backed by big names like Brevan Howard Digital and Haun Ventures, Plume’s compliance processes are not just tech drama, but also greenlight on-chain IPOs, automate capitalization tables and dividend distributions, and shorten TradFi’s T+2 settlement time to near-instant. With the tokenized value of RWAs surpassing $62 billion, this DTCC move positions Plume as a DeFi-TradFi hybrid, potentially diverting billions of dollars from traditional custodians like Computershare.

RWAfi's formidable opponent

Launched as a Layer-1 specifically built for RWAs, Plume differentiates itself from generalized chains like Ethereum by embedding compliance principles—KYC hooks, automated reporting, and oracle-powered regulatory triggers—directly into the Move-based VM. TVL has reached $500 million, with lending integrations (e.g., Aave forks) and tokenized treasury bond derivatives yielding 4-6% APY.

The DTCC bridge, powered by Plume’s interoperability layer, allows assets to “double settle” on-chain for speed, off-chain for legacy compliance. Competitors like Ondo Finance ($2 billion TVL) and Centrifuge focus on issuance, but Plume’s status as a transfer agent gives it a foothold in post-trade operations—managing the “pipeline” that handles 70% of RWA friction.

Evaluation and Conclusion

Plume’s initiative marks a significant milestone in the application of blockchain to institutional securities infrastructure. By combining the immutability and efficiency of a distributed ledger with DTCC’s regulated settlement ecosystem, the company is helping to reshape how securities ownership and post-trade processes operate in the digital age.

If successfully implemented, this model could serve as a template for the global marketplace — demonstrating that tokenization does not require dismantling traditional systems but can enhance them through interoperability, transparency, and real-time synchronization.

As financial institutions continue to explore digital asset strategies, Plume’s hybrid approach could become a template for next-generation capital markets operations, where blockchain and traditional clearing coexist seamlessly.

Disclaimer: The information presented in this article is the author's personal opinion in the cryptocurrency field. It is not intended to be financial or investment advice. Any investment decision should be based on careful consideration of your personal portfolio and risk tolerance. The views expressed in this article do not represent the official position of the platform. We recommend that readers conduct their own research and consult with a professional before making any investment decisions.