Awesome news! @plumenetwork @plumeinchina Congratulations to Plume for receiving SEC approval to become a registered Transfer Agent in the United States. Let me explain in simple terms: 1️⃣ The role of a Transfer Agent: It is a key player in the U.S. securities market. Its main responsibilities include: 1. Maintaining relevant records: Tracking information about security holders, ownership changes, and capital tables. 2. Handling transfers and transactions: Managing the transfer of securities, issuing new certificates, and processing dividends and stock splits. 3. Providing reports and ensuring compliance: Offering accurate records to issuers, shareholders, and regulatory agencies to ensure transparency and prevent fraud. 4. Other related functions: Handling lost certificates, proxy voting, and fund distribution, etc. 🙋 What does this mean for Plume? 1. Plume can now directly manage shareholder records, transaction tracking, dividend distribution, and fund management for tokenized securities on-chain. This means that the tokenization of real-world assets (like real estate, bonds, or artworks) can be conducted more efficiently and transparently, without relying on traditional intermediaries to carry out these processes. 2. As one of the few blockchain infrastructures with SEC approval, Plume will significantly accelerate the process of bringing trillions of assets on-chain. Under normal procedures, this could take years, but with the license obtained, Plume may shorten this to months or even days. 3. This is essentially a positive factor for the price of $Plume tokens. I've mentioned this several times before, and I remain optimistic.