TechFlow news, on October 8, Faraday Future founder Jia Yueting posted on X platform stating: The U.S. Securities and Exchange Commission has approved Plume Network as a registered transfer agent. This not only marks a milestone in regulatory compliance but also signifies the maturity of critical market infrastructure, paving the way for legally recording and transferring RWA ownership on-chain, solving the industry's "last mile" challenge, while simultaneously acting as a catalyst for CXC10's "dual flywheel" strategy. CXC10 focuses on tokenizing trillions of dollars' worth of physical assets within the automotive ecosystem—including vehicles, data, and energy—onto the blockchain. The infrastructure is now ready, with its first products being a new category of compliant RWA assets.
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