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Plume gets Bermuda license, becoming first regulated on-chain vault manager in crypto's regulated space.

Market News
20 May 2026
Crypto news
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Bullish
pluang ai news

Plume has received a digital asset business license from the Bermuda Monetary Authority, making it the first regulated on-chain vault manager. This license places Plume alongside major crypto firms like Circle, Coinbase, and Kraken under Bermuda's digital asset framework. The approval strengthens Plume's position in compliant on-chain asset management for tokenized real-world assets, supporting Bermuda's goal to build a fully on-chain national economy. While the license does not guarantee large-scale success, it provides Plume with regulatory legitimacy in the growing tokenized asset market.

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