ETFs & Mutual Funds
A $6 Billion Treasury ETF Becomes Test Bed for Tokenized Finance
One of Wall Street’s most regulated asset classes is being pulled into the orbit of digital finance.
F/m Investments, the firm behind the $6.3 billion US Treasury 3-Month Bill ETF (ticker TBIL), has asked US regulators for permission to record existing shares on a blockchain, turning a slice of the Treasury market into a proving ground for tokenized ownership.