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! 💬