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Plume's KDAB becomes first regulated onchain vault manager with Bermuda's Class M license.

Market News
20 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Plume's subsidiary, Kimber Digital Assets Bermuda ISAC Ltd. (KDAB), has become the world's first regulated onchain vault manager after obtaining a Class M Digital Asset Business License from the Bermuda Monetary Authority. This license subjects KDAB to full prudential oversight, including liquidity risk management and wind-down planning, ensuring strong regulatory protections. KDAB's vault tokens operate like ETFs but run entirely on smart contracts without custodians, allowing global users to access yield with just a smartphone and stablecoin. The regulatory framework also includes robust AML measures and freeze-and-seize capabilities, positioning KDAB as a pioneer in compliant onchain finance with a very low blocked transaction rate of 0.000005%.

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