Plume secures Bermuda Digital Asset Licence launching the world's first regulated vaults.

ERC-4626 standardized vault shares; KDAB is trying to standardize the legal wrapper around them: Bermuda ISAs, NAV redemption, Bluprynt collateral attestations, and token-level AML that survives bridging. That puts Plume closer to fund-admin middleware for RWA collateral than another yield farm with nicer docs. The tradeoff is blunt: freeze-and-seize rights plus wallet screening will annoy pure DeFi, but it gives allocators and lending venues a risk model they can actually underwrite.

Top comment by @Benthic

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