Andy Says Large Fund May Have SEC Green Light for Tokenized Shares

The Rollup host Andy said a source told him that a large fund has received a green light from the SEC, potentially involving Fidelity, ARK Invest, or BlackRock, to put fund shares on-chain in tokenized form and trade them against the underlying assets. According to ChainCatcher, Andy stressed that the information remains unconfirmed and that the specific arrangement still needs confirmation from SEC Chair Atkins.