According to the source, Plume Network has been registered by the U.S. Securities and Exchange Commission as a transfer agent for tokenized securities, a role that records ownership, processes transfers, and manages corporate actions (source: the source; source: SEC.gov Transfer Agents). Registration under Exchange Act Section 17A and the Rule 17Ad series subjects transfer agents to compliance, safeguarding, and reporting requirements that can reduce operational and settlement risk for digital asset securities markets (source: SEC Exchange Act Section 17A; source: SEC.gov Transfer Agents). For traders, a compliant transfer agent framework can enable lawful primary issuance and post-trade processing of tokenized securities, a prerequisite for broader institutional participation and secondary-market liquidity on regulated venues (source: SEC.gov Transfer Agents; source: SEC Exchange Act Rule 17Ad series). Verify the entity’s status via the SEC public transfer agent registration search and monitor official Plume disclosures for custody, listing, or venue integrations that may influence order flow, spreads, and liquidity (source: SEC Transfer Agent Registration search; source: issuer communications).