Plume Subsidiary Kimber Digital Assets Bermuda Secures Regulated Onchain Vault License in Bermuda
Kimber Digital Asset Bermuda (KDAB), a subsidiary of Plume, has been granted the first Class M digital asset business license by the Bermuda Monetary Authority. This allows KDAB to operate as a regulated on-chain vault manager combining decentralized finance with regulatory oversight. The move positions Plume among major firms like Circle and Coinbase that have adopted Bermuda's DABA framework.
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Topics: asset management Bermuda regulation blockchain open finance