Plume walks alongside Coinbase and Circle, obtains BMA license, ushering in a new era of "on-chain ETF"

ME News, May 20 (UTC+8), Plume announced that its subsidiary has officially obtained the Class M compliance license issued by the Bermuda Monetary Authority (BMA), becoming the world's first regulated on-chain treasury management company. This milestone places Plume alongside industry giants such as Circle and Coinbase, while maintaining an unparalleled ultra-high compliance standard, with an illegal transaction block rate of only 0.000005%.

This product has completely revolutionized the $14 trillion traditional ETF model, breaking down traditional finance's "walled gardens," allowing global users to seamlessly access compliant high-quality assets backed by top-tier institutions such as Apollo and Galaxy in seconds, around the clock, using only stablecoins. This approval marks a leapfrog transformation of native RWA into national-level financial infrastructure, fully kicking off the compliant distribution of trillions of dollars in global capital! (Source: Plume)