$DOT According to reports from Wu, 21Shares submitted an S-1 registration application to the U.S. Securities and Exchange Commission on Friday, planning to launch a Polkadot trust fund.
The common stock of the trust fund is listed on the Cboe BZX exchange. Upon redemption, DOT will be transferred to the DOT counterparty for sale, and the cash proceeds generated will be paid to authorized participants.
#SEC nextstop ? 🚀🚀🚀