F/m Investments seeks regulatory approval to record tokenized shares in its U.S. Treasury 3-month bill ETF on a permissioned blockchain. This move aligns with industry efforts to bring tokenization into traditional markets, revolutionizing stock trading with 24/7 availability and instant settlement.

CEO Alexander Morris emphasizes the inevitability of tokenization in securities markets, raising concerns about investor protections. Coinbase and Nasdaq have also explored tokenized equities, but F/m aims to apply the structure to a registered ETF, maintaining investor rights and unique identifiers.

If approved by the SEC, F/m’s structure would allow the ETF to operate across traditional and digital platforms without altering its investment objectives. Unlike unregistered digital tokens, F/m’s approach ensures backing by traditional assets, complying with the Investment Company Act of 1940.

Read more at Yahoo Finance: F/m Investments seeks SEC approval to tokenize Treasury bill ETF shares