F/m Investments Applies to SEC to Tokenize Its $6 Billion Treasury Bond ETF

BlockBeats News, January 22nd, according to Cointelegraph, F/m Investments, with $18 billion in AUM, has applied to the U.S. Securities and Exchange Commission (SEC) to have ownership records of its flagship product, F/m US Treasury 3 Month Bill ETF (TBIL), recorded on a permissioned blockchain.

F/m Investments emphasized that tokenized shares would maintain the same rights, fees, voting rights, and economic terms as existing TBIL shares, only changing the ownership record method. If approved, TBIL would be able to support both traditional brokerage channels and digital-native platforms simultaneously.