F/m Investments files with SEC to tokenize shares of $6B TBIL Treasury ETF

F/m Investments filed with the U.S. SEC on Wednesday seeking exemptive relief to record ownership of the F/m US Treasury 3 Month Bill ETF (TBIL) on a permissioned blockchain. The $18 billion manager said the $6 billion fund would remain a 1940 Act ETF, with tokenized shares matching the same CUSIP, rights, fees, and voting privileges as existing shares.