CFTC Subcommittee Approves Tokenized Shares Proposals 🎉
- The CFTC’s Global Markets Advisory Committee subcommittee has forwarded its proposals for tokenized money market funds to the full committee.
- Giants like BlackRock and Franklin Templeton could trade tokenized shares of these funds.
- The full details of the proposals have not yet been released, but the move is seen as significant progress.
- BlackRock’s BUIDL fund surpassed $500 million in market value just six weeks after launching in March.
Share your thoughts in the comments! 💬