Foresight News|May 20, 2026 14:06
[Plume Subsidiary Obtains Class M Compliance License from Bermuda BMA]
Foresight News reports that Plume has announced its subsidiary has officially obtained the Class M compliance license issued by the Bermuda BMA, becoming a regulated on-chain treasury management company. This milestone places Plume alongside giants like Circle and Coinbase, while maintaining exceptionally high compliance standards, with an illicit transaction block rate of only 0.000005%. The product has evolved the $14 trillion traditional ETF model, breaking the 'walled garden' of traditional finance, enabling global users to seamlessly access high-quality, compliant assets supported by institutions like Apollo and Galaxy in real-time, 24/7, using only stablecoins.
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