Asset Manager F/m Seeks SEC Approval to Tokenize Treasury ETF Shares

F/m Investments has asked the United States Securities and Exchange Commission to allow it to tokenize shares of its flagship Treasury exchange-traded fund. Key Takeaways: F/m wants SEC approval to tokenize ownership of its $6B Treasury ETF. Tokenized shares would be identical to existing ETF shares, not a new asset. The move signals growing adoption of tokenization in regulated funds. The $18 billion asset manager filed an application on Wednesday seeking exemptive relief that would permit owner ...