Plume Secures Bermuda License for Onchain Vault Manager

Plume has obtained a crucial digital asset license from Bermuda's Monetary Authority (BMA), specifically a Class M license. This regulatory approval empowers Plume's subsidiary to offer regulated onchain vault management services. This development marks a significant step for the company, positioning it as a pioneer in providing compliant digital asset custody solutions within a regulated framework. The move is expected to enhance trust and security for institutional clients seeking to manage digital assets through onchain mechanisms.