"The Dr. Doom" Nouriel Roubini Launches Tokenized Fund USAFi

BlockBeats News, June 23rd - According to Bloomberg, known for his strong criticism of cryptocurrency, "Dr. Doom" Nouriel Roubini is tokenizing one of his investment products.

Roubini is launching a digital token called USAFi, which will be backed by his managed Atlas America Fund. The fund has an estimated size of $17 million and is an ETF traded on Nasdaq under the ticker USAF.

This ETF mainly invests in various assets, including U.S. Treasuries, gold, and Real Estate Investment Trusts (REITs).