Congratulations to @plumenetwork for being recognized by Hong Kong and Singapore regulators, which is also part of the discussion I have been discussing with them recently, although PLUME is very different from on-chain brokers, but the direction is the same, they are all to smoothly put RWA's assets on the chain and bring real assets to the chain.
Compliance may not be a necessity for RWA or real assets to be put on the chain, but compliance can bring a sense of security to investors, which can open the entry threshold for large funds.
I hope to have the opportunity to work together in the field of on-chain brokers.
Another world's first for Plume. 🌏
The first onchain money market fund recognized by both Hong Kong and Singapore regulators is here. Powered by Plume.
Regulated, institutional-grade products can thrive on public blockchains without compromising compliance.
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