Plume secures Bermuda license for what it calls first regulated onchain vault manager
The Block·
60-second summary
Plume's Bermuda subsidiary has secured a Class M BMA digital asset licence, allowing the firm to offer regulated onchain vault manager services. This licence enables Plume to provide secure, compliant storage solutions for digital assets, catering to institutional investors and high-net-worth individuals seeking to safeguard their cryptocurrencies. The regulated offering bolsters investor confidence in the market.
Plume's Bermuda subsidiary has secured a Class M BMA digital asset licence, allowing the firm offer regulated onchain vault manager services.