F/m Investments Files SEC Application to Tokenize $6B US Treasury 3 Month Bill ETF Shares on Permissioned Blockchain

F/m Investments, which manages $18 billion in assets, has filed an application with the U.S. Securities and Exchange Commission to record ownership of its flagship F/m US Treasury 3 Month Bill ETF (TBIL) on a permissioned blockchain, Cointelegraph reported on Jan. 22. The firm said tokenized TBIL shares would preserve the same rights, fees, voting power and economic terms as existing TBIL shares, with the only change being the method of recording ownership. If approved, TBIL could be available through both traditional brokerage channels and digital-native platforms, F/m Investments added.