Plume walks side by side with Coinbase and Circle, obtains BMA license, ushering in a new era of "on-chain ETFs"

ME News, May 20 (UTC+8), Plume announced that its subsidiary has officially obtained the Class M compliance license from 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 a block rate for illegal transactions of only 0.000005%.

This product has completely revolutionized the $14 trillion traditional ETF model, breaking down the "walled gardens" of traditional finance, allowing global users to seamlessly access compliant high-quality assets backed by top-tier institutions like Apollo and Galaxy in seconds, 24/7, with just a stablecoin. This approval marks the transformative leap of native RWA into a national-level financial infrastructure, fully opening the prelude to the compliant distribution of trillions of dollars in global capital! (Source: Plume)