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There are not many projects still working diligently in the bear market, and Plume is one of them. This afternoon, they just confirmed the news—they obtained a business license from the Abu Dhabi Global Market (ADGM) Registration Authority.
This is already the second significant license for Plume on the path to compliance. They previously obtained a transfer agent license from the US SEC, and now they've added the ADGM license. For a project in the RWA track, dual regulatory endorsement means what, those who understand know.
Despite the market being so cold, seeing projects making substantial progress still makes people feel that this track hasn't cooled down completely.
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SEC and ADGM double kill—this is real progress, unlike some projects that only talk stories every day
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The RWA path is indeed still alive, as long as there are projects working hard on real things
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Compliance licenses are more expensive one after another, I really don't know how much Plume has raised to sustain this
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Dual regulatory endorsement is indeed valuable, but it depends on whether it can truly be implemented later; otherwise, it's just a show
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Who else in a bear market can advance steadily like Plume? That alone is half the victory
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Getting an ADGM license is easier than expected, but paired with SEC, this combo is truly formidable
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Even in a bear market, pushing for compliance is much more reliable than most projects.
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Wait, SEC plus ADGM, are they planning to manage two regulators at the same time? Okay, Plume.
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RWA projects just rely on those who take things seriously. Don't let us down.
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Seeing projects still working hard gives some confidence. What about others?
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Dual regulatory endorsement shows they are serious. Comparing with those in the market, the difference is obvious.
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It feels like this is the correct way to achieve compliance. It's a pity so many projects choose to escape.
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Having obtained the licenses is just the beginning; whether they can land in reality is the real test. Looking forward.
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SEC plus ADGM, the RWA path finally shows some hope
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The bear market still promotes compliance, not blowing smoke or blackening, there’s indeed something there
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Continuously obtaining licenses, this pace is just ridiculous
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True builders work silently like this in the bear market
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The RWA track is not dead, Plume’s move says everything
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With double regulatory endorsement, the pattern is indeed different
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Seeing others still working hard, my mindset is finally a bit more stable
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Few persist in compliance, they have real backbone
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SEC+ADGM combo punch, now that’s playing for real
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In the RWA track, compliance is king, and Plume understands this
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There are indeed not many who are still working on real projects during the bear market, thumbs up
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SEC plus ADGM, having both licenses clearly indicates a strong position
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I just like to see these low-profile projects making money quietly, working discreetly
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With dual regulatory endorsement, it shows they are not messing around
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The market is completely cold, yet Plume is still pushing forward, no one else has this spirit