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

The registration is a foundational step for conducting US securities business: firms must be SEC-registered and FINRA members to broker securities transactions for US investors, meaning any tokenized equity offering from Kimber would fall under the same regulatory framework as traditional brokerage activity.

In its announcement, the company said it plans to offer tokenized US stocks, exchange-traded funds (ETFs), and bonds that investors could hold in self-custodial wallets. No launch date was given.

Self-custody in this context means investors hold the private keys to their own wallets, rather than leaving a brokerage or trading platform to safeguard the assets on their behalf.

Tokenized stocks are digital tokens that represent company shares or rights tied to those shares, with transfers of the tokens 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). According to the company, investors would retain their dividend and voting rights and could transfer eligible holdings between traditional brokerage accounts and onchain wallets. The DTC, part of the Depository Trust & Clearing Corporation, sits at the center of US market infrastructure, settling most securities trades and maintaining the ownership records that traditional brokerage accounts reflect.

Kimber also plans to offer yield-bearing investment products to stablecoin users, 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 firms prepare to launch around-the-clock trading of 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 using Avalanche for settlement, while Nasdaq is targeting the second quarter of 2027 for its tokenized equity initiative with Kraken's parent, Payward. With those timelines in place, 2027 has become the reference point for when announced tokenized equity platforms move from preparation to live operation.

The value of tokenized stocks onchain has surged more than sixfold over the past year, rising to $3.87 billion from $643.3 million in November 2025, according to data from RWA.xyz.