Plume Joins DTCC Working Group to Shape Tokenization Standards
Plume, a blockchain network focused on real-world asset tokenization, has joined the DTCC Digital Assets Solutions working group. This move positions Plume alongside established financial and fintech players like Charles Schwab and Nasdaq within the initiative. The working group serves as a collaborative forum for industry participants to provide feedback on DTCC's tokenization services.
The DTCC manages over $114 trillion in assets annually, playing a central role in settlement, clearing, and asset servicing for major financial markets. Plume's participation is notable given its specialization in regulatory compliance within the blockchain space.
The company has positioned itself as a compliance-first platform for tokenized assets, aiming to bridge the gap between decentralized finance and traditional financial institutions. By joining the working group, Plume gains a direct channel to influence how DTCC develops its tokenization services.