CZ may have revealed something big
A large fund has received SEC approval, allowing it to tokenize the fund—meaning the fund itself can trade tokenized shares, and even the assets within its investment portfolio can be traded.
If this is true, it suggests the IPO might be moving to the blockchain. Once there is a precedent, all funds will likely rush to issue their own native equity tokens.
Not many people understand this, but the impact will be huge.🫡
A large fund has received SEC approval, allowing it to tokenize the fund—meaning the fund itself can trade tokenized shares, and even the assets within its investment portfolio can be traded.
If this is true, it suggests the IPO might be moving to the blockchain. Once there is a precedent, all funds will likely rush to issue their own native equity tokens.
Not many people understand this, but the impact will be huge.🫡
