F/m Investments applies to the U.S. SEC to tokenize its $6 billion government bond ETF

According to Cointelegraph, F/m Investments, with assets under management of $18 billion, has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking to record ownership of its flagship product, the F/m US Treasury 3 Month Bill ETF (TBIL), on a licensed blockchain.

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