F/m Investments dey find SEC okay make dem tokenise Treasury ETF shares

F/m Investments, wey dey manage $18bn asset, bin file for U.S. Securities and Exchange Commission on Jan 21, 2026 to ask permission make dem fit represent shares of im US Treasury 3‑Month Bill ETF (TBIL) as blockchain tokens for one permissioned ledger. Di proposal go keep di same CUSIP, investor rights, fees and regulatory protection under di Investment Company Act of 1940; tokenized shares go fit change one‑for‑one with normal book‑entry ETF shares and go still get di same governance, daily transparency, third‑party custody and audit requirements. Di filing na di first clear request wey one ETF issuer don make to treat registered investment company shares as blockchain tokens and e come as institutional momentum for tokenized securities dey grow — including one DTC tokenization pilot, tokenized U.S. Treasury volumes near $9.57bn notional, and other institutional products from BlackRock and big banks. F/m talk say benefit na faster settlement (near‑instant vs T+1/T+2), longer trading hours, fractional ownership and operational efficiencies for institutional treasury trading while dem dey preserve current market structure and custody models. If SEC grant relief, di filing fit serve like regulatory template for other asset managers and quicken regulated blockchain settlement for capital markets; if dem deny or delay, e fit push tokenization go less regulated areas. For crypto traders, di filing mean say regulators dey engage more with tokenized securities and e build clearer bridge between traditional liquidity pools and blockchain rails — fit boost on‑chain treasury liquidity and institutional flows into regulated tokenized assets.