Kimber Digital Securities (KDS), an affiliate of Kimber Labs and the Plume blockchain network, has officially secured broker-dealer status. The firm completed its registration with the Securities and Exchange Commission (SEC) and obtained membership with the Financial Industry Regulatory Authority (Finra).
This license allows KDS to legally facilitate trades for tokenized US securities. The company already serves as an SEC-registered transfer agent, enabling it to manage both the official record-keeping of ownership and the brokerage side of the asset life cycle for issuers like Apollo and WisdomTree.
The firm plans to integrate compliance tools, including anti-money laundering controls and sanctions screening, directly into its trading processes. KDS is currently pursuing registration as an onchain Alternative Trading System (ATS) to establish a regulated marketplace for matching buyers and sellers.
Plume, which launched its mainnet in June 2025, reports over $350 million in distributed asset value and more than 220 tokenization projects as of March 2026. The group also maintains a Bermuda-based affiliate with a Class M Digital Asset license for vault operations.
General Counsel Salman Banaei, a former official at the SEC and CFTC, is leading the legal strategy. While the firm aims to keep its services non-custodial and DeFi-composable, it does not yet operate its own sanctioned onchain marketplace for trade matching.
