Market Dynamics - PLUME rises 25% [1] - Network registered by SEC as Transfer Agent for Tokenized Securities [1]

Regulatory Compliance - Plume Network has been approved by the SEC and registered as a transfer agent for tokenized securities [1] - This registration grants Plume the legal authority to handle and register transactions of security tokens within the U S regulatory framework [1] - Traditionally, only a limited number of financial institutions hold this license [1] - Plume aims to collaborate with the SEC to establish fully compliant tokenized capital markets [1] Strategic Implications - Plume's registration accelerates its mission to bring the trillion-dollar U S securities market on-chain [1] - This move is a step towards working with the SEC to build fully compliant tokenized capital markets [1]

Core Insights - Plume Network has become an SEC-regulated transfer agent, enhancing the management of tokenized securities and increasing its native token (PLUME) value by 25% with a 186% rise in daily trading volume [1][2] Company Overview - Plume Network is a modular Layer 2 blockchain focused on real-world assets (RWAs) and now operates as a registered transfer agent, managing digital securities and shareholder records on-chain [1][2] - The company aims to streamline the issuance, transfer, and management of tokenized securities, providing a regulatory framework for institutions like BlackRock, Fidelity, and Apollo [3][4] Technological Advancements - The technology developed by Plume is designed to reduce tokenization timelines from months to weeks through smart-contract automation, facilitating on-chain IPOs, small-cap fundraising, and registered funds [3] - As a blockchain transfer agent, Plume utilizes distributed ledger technology to maintain secure, immutable, and transparent records of asset ownership and transfers [5] Regulatory Engagement - Plume's registration as a transfer agent follows active collaboration with regulatory bodies and contributions to discussions on the GENIUS Act, reflecting the SEC's openness to real-world asset tokenization projects [6] - The operational status of Plume's regulated transfer agent allows funds to engage with its infrastructure immediately, despite ongoing regulatory developments [7]

Digital Assets Landscape - Digital assets, including stablecoins and tokenized securities, are a prominent topic at an international bankers' gathering in Germany [1] Industry Focus - The discussions encompass both formal presentations and informal conversations, highlighting the widespread interest in digital assets within the banking sector [1]

Integration and Technology - 21X integrates Chainlink to bring market data onchain for its tokenized securities [1] - The integration is powered by Chainlink Runtime Environment (CRE) [2] - Chainlink's infrastructure secures the majority of decentralized finance and has enabled tens of trillions in transaction value [4] Market Impact and DeFi - EU-regulated tokenized equities, debt securities, and funds can be used more effectively across DeFi applications [1] - Integration delivers transparency, auditability, and collateral utility for institutions [3] - Collaboration opens potential for institutional capital flows into DeFi [5] Future Plans - 21X plans to expand its use of Chainlink to include pre-trade data, advanced analytics, and more asset classes [6] - The exchange aims to build a more transparent and composable financial system [6]

Industry Advancement - The EU's first regulated onchain exchange for tokenized securities, 21X, has integrated Chainlink [1] - 21X utilizes Chainlink to provide real-time market data on the Polygon network [1]

Integration and Technology - 21X integrates Chainlink to provide on-chain market data for tokenized securities, enhancing transparency and auditability [1][3] - The integration, powered by Chainlink Runtime Environment (CRE), is live and provides real-time market data on the Polygon blockchain [2] - Chainlink's infrastructure secures the majority of DeFi and has enabled tens of trillions in transaction value, ensuring reliable data delivery [4] Strategic Implications - The collaboration aims to bridge traditional markets with blockchain-based systems, potentially opening institutional capital flows into DeFi [3][5] - 21X, as an EU-regulated exchange, enables tokenized equities, debt securities, and funds to be used more effectively in DeFi applications [1] - The integration is a foundational step towards a more transparent and composable financial system [3][6] Future Plans - 21X plans to expand its use of Chainlink to include pre-trade data, advanced analytics, and more asset classes [6]

Core Insights - Kraken has launched xStocks, a tokenized securities trading product aimed at European investors, facilitating access to popular stocks and ETFs [1] - xStocks are available exclusively to EU-based clients who meet specific criteria and are not registered under the U.S. Securities Act, thus cannot be sold to U.S. persons [2] - Each xStock token mirrors the market price of real-world U.S. stocks and ETFs, backed 1:1 by the underlying security, but does not confer shareholder rights [3] Product Offering - Kraken initially offers 60 assets through xStocks, including 55 stocks and 5 ETFs, featuring well-known companies like Tesla, Apple, and GameStop [4] - xStocks can be traded 24/5, with plans for weekend trading support, enhancing accessibility beyond traditional market hours [5] - The minimum investment for xStocks is set at €1, allowing broader participation from retail investors [5] User Control and Security - Kraken supports self-custody of xStocks, enabling users to withdraw holdings to compatible on-chain wallets, ensuring direct control over assets [6] - xStocks are secured through audited reserves and robust custody arrangements, with plans to expand support for additional blockchain standards [7] Industry Trends - The rise of tokenized securities reflects a growing trend in real-world asset (RWA) tokenization, aiming to modernize markets by combining traditional asset stability with blockchain efficiency [8] - Initiatives like Kraken's xStocks may significantly alter how global investors engage with equities and digital finance [8]

Nasdaq joining the tokenized securities race could pave the way for real asset trading in #crypto form.This is HUGE for industry legitimacy 🏦 ...

LIVE NOW - ROLLUP: ETH Hits All Time High, But Will It Stick?In today's weekly rollup, we discuss Ethereum's rise past $4,780, @TrustlessState's insights from Burning Man, Ethereum's treasury dynamics, the debut of the World Liberty Financial Token, and potential Bitcoin and Ethereum listings on major exchanges.We also cover advancements in tokenized securities, competition in prediction markets, and the quirky rise of tokenized Pokémon cards.--------------TIMESTAMPS0:00 Burning Man7:30 Markets⁠32:00 WLFI ( ...