Kimber Digital Securities, an affiliate of blockchain network Plume, said Tuesday that it had registered as a broker-dealer with the US Securities and Exchange Commission and joined the Financial Industry Regulatory Authority.

The company said in its announcement that it plans to offer tokenized US stocks, exchange-traded funds (ETFs) and bonds that investors could hold in self-custodial wallets. It did not provide a launch date.

Tokenized stocks are digital tokens representing company shares or rights associated with those shares. Their transfers are recorded on a blockchain. The rights investors receive depend on how the tokens are structured.

Unlike wrapped securities, the proposed tokens would represent existing ownership rights recorded through the Depository Trust Company (DTC). The company said investors would retain dividend and voting rights and could transfer eligible holdings between traditional brokerage accounts and onchain wallets.

The company also plans to offer stablecoin users yield-bearing investment products, including tokenized shares in funds managed by major US asset managers.

Tokenized stock market surges sixfold as exchanges prepare for 24/7 trading

Kimber’s registration comes as other companies prepare to launch around-the-clock trading in tokenized US securities. On Monday, Formation Securities announced plans for a Solana-based trading venue offering tokenized shares of Galaxy Digital, Exodus Movement and Forward Industries, with a launch targeted for early 2027.

Major US exchange operators are pursuing similar initiatives ahead of 2027. The New York Stock Exchange is developing a 24/7 tokenized securities platform that will use Avalanche for settlement, while Nasdaq is targeting the second quarter of 2027 for its tokenized equity initiative with Kraken parent Payward.

The value of tokenized stocks onchain has risen more than sixfold over the past year, reaching $3.87 billion, up from $643.3 million in November 2025.

Tokenized stocks. Source: RWA.xyz

Source: cointelegraph.com. Adapted by NBTC.