Odaily Planet Daily report: Andy, host of the Rollup podcast, posted on X: “We received reliable information that Cathie Wood’s Ark Invest will be among the first asset management firms to launch tokenized securities via a transfer agent under the U.S. SEC’s Innovation Exemption. The initiative will initially begin with Ark’s own funds and then expand further. Several other institutions, including Fidelity and WisdomTree, are also likely to follow.”
Ark Invest may become the first tokenized securities asset manager under an SEC exemption
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Summary
According to Odaily, Ark Invest may become the first asset manager to launch tokenized securities under the U.S. SEC news exemption policy. The firm plans to begin with its own funds before expanding. Fidelity and WisdomTree are also expected to follow suit. This move comes amid growing institutional interest in digital assets.
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