Plume has secured a Class M Digital Asset Business License from the Bermuda Monetary Authority, positioning itself to launch what it claims are the world's first regulated onchain asset vaults. The vaults are designed to support the onchain distribution of tokenized assets under AML standards drawn from Bermuda's stablecoin regulatory framework and the U.S. GENIUS Act.
The BMA's Digital Asset Business regime carries real weight in the industry — it's the same licensing track that brought in Circle and Coinbase, giving Plume's compliance posture credibility beyond a typical offshore registration. For the tokenized real-world asset space, a regulated vault infrastructure with explicit AML guardrails could meaningfully lower the barrier for institutional capital to access onchain RWA products.
The move signals that Plume is positioning itself as compliant-first infrastructure for the RWA…