A major fund has reportedly received SEC clearance to tokenize fund shares on-chain and enable trading against underlying assets, The Rollup host Andy said, citing sources.
The fund could potentially involve Fidelity, ARK Invest, or BlackRock, though the information remains unconfirmed. Andy said specific arrangements are still awaiting confirmation from SEC Chairman Atkins.
Major Fund Reportedly Gets SEC Green Light for On-Chain Tokenized Shares
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