Plume (PLUME) MiCA Whitepaper

The EU's Markets in Crypto-Assets regulation (MiCA) (EU 2023/1114), marks a watershed moment for the global crypto industry, ushering in a unified legal framework that replaces the patchwork of national rules across all 27 EU member states.

Designed to boost transparency, protect investors, and foster innovation, MiCA introduces requirements for token issuers, exchanges, and wallet providers, including mandatory disclosures and registration with financial authorities.

As MiCA reshapes the landscape, particularly for real-world asset tokenization, Plume is at the forefront of adapting to these changes. Recognizing the profound implications of this regulation, we have published a whitepaper to explore how MiCA impacts our ecosystem, compliance obligations, and the broader future of RWAfi in Europe.

ESMA Registration Complete

As of June 19, 2025, Plume MiCA Whitepaper has been registered with the European Securities and Markets Authority (ESMA) after review by the Dutch Authority for the Financial Markets (AFM), the relevant National Competent Authority (NCA). This makes the Plume token eligible for "admission to trading."

What "Admission to Trading" Means Under EU Crypto Regulations

"Admission to Trading" refers to the process which a crypto-asset has to undergo before listing and trading on a regulated Crypto Exchange pursuant to MiCAR. This requires the submission, notification and registration of a whitepaper via the issuer's National Competent Authority (NCA), which then notifies ESMA. Only assets that complete this process can be legally offered or traded on regulated platforms within the European Union.

Key Topics Included

Characteristics of the crypto-asset

The whitepaper outlines the characteristics of $PLUME, including the total supply, use cases of the token throughout the Plume ecosystem, and how the token spurs participation and engagement with decentralized RWA finance applications

Utility token access description

Utility of the $PLUME token is described, expanding upon how the token is foundational to the applications and integration of real-world assets through tokenized forms

Information about the offer to the public and/or admission to trading

Information around the offering of $PLUME through exchange listings and how it is placed through direct listings

What This Means

The Plume Foundation is committed to transparency and compliance as we bring more real-world assets onchain. The $PLUME whitepaper is a milestone on our path toward a better and safer global market for real-world assets. We support constructive policymaking efforts like MiCA that bring safety and transparency to retail investors, institutional players, and policymakers alike.

EU

EU MiCA Regulation

Unified legal framework across 27 EU member states

ESMA Registered

Approved by Dutch AFM and registered with ESMA

Ready to Learn More?

Download our comprehensive MiCA whitepaper to understand how Plume is leading the way in regulatory compliance for real-world asset tokenization.

Download Whitepaper