Large fund may receive SEC approval to tokenize shares on-chain

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According to a report by The Rollup’s Andy, citing ChainCatcher, a major fund may have secured SEC approval to tokenize shares on-chain. The fund could be Fidelity, ARK Invest, or BlackRock. On-chain data and analysis suggest this move could enable trading against the underlying assets. Andy emphasized that details remain unconfirmed, with final arrangements pending confirmation from SEC Chair Atkins.

ChainCatcher report: According to Andy, host of The Rollup, a source indicated that a major fund has received the SEC’s “green light,” potentially involving Fidelity, ARK Invest, or BlackRock, permitting fund shares to be tokenized and traded against underlying assets. Andy emphasized that this remains unverified information, with specific details pending confirmation from SEC Chair Atkins.

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