www.prnewswire.com Kimber Digital Securities Registers as Broker-Dealer for Tokenized US Securities
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- •Kimber Digital Securities is now a registered broker-dealer with SEC and FINRA.
- •The firm will offer tokenized US stocks, ETFs, and bonds with traditional rights.
- •The market for tokenized stocks has increased significantly, reaching $3.87 billion.
Kimber Digital Securities, affiliated with Plume, has registered as a broker-dealer with the SEC and joined FINRA, allowing it to offer tokenized US stocks, ETFs, and bonds. This registration enables U.S. investors to access these securities through self-custodial wallets while retaining traditional shareholder rights. The company aims to provide yield-bearing products for stablecoin users and is part of a growing trend toward 24/7 trading of tokenized securities. Other firms, including the New York Stock Exchange and Nasdaq, are also developing platforms for tokenized trading, indicating a significant shift in the market. The value of tokenized stocks has surged sixfold over the past year, reaching $3.87 billion.
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