F/m Investments Seeks SEC Approval for ETF Tokenization

F/m Investments is seeking SEC approval to tokenize its U.S. Treasury 3-Month Bill ETF shares on a permissioned blockchain, marking a first in regulated ETF tokenization initiatives.

If approved, this move could enhance market access and efficiency, allowing dual settlement and 24/7 trading without disrupting existing rights or economic terms.

SEC Review of F/m’s Blockchain ETF Plans

F/m Investments has applied to the U.S. SEC to tokenize shares of its U.S. Treasury 3-Month Bill ETF (NASDAQ: TBIL), recording them on a permissioned blockchain ledger. This historic application seeks regulatory exemption to integrate blockchain technology into regulated securities.

If approved, the initiative will allow TBIL shares to maintain their current CUSIP, rights, and economic terms while facilitating both traditional and token-aware settlements. This integration aims to reduce costs and settlement risks.

Industry observers are keenly watching the SEC’s response. Alexander Morris, CEO of F/m Investments, emphasized the importance of regulatory frameworks for innovations. “We’d rather build an on-ramp that marries technological innovation and investor protection,” Morris said.

Impact of F/m’s Tokenization on Traditional Finance

Did you know? F/m Investments’ application for tokenizing ETF shares marks a pioneering move in adapting traditional financial instruments within a blockchain framework, a step not yet taken by similar entities.

As of January 22, 2026, Ethereum (ETH) is priced at $3,003.15, with a market cap of $362.46 billion according to CoinMarketCap. ETH exhibited a 1.96% gain over the past 24 hours, yet recorded a 9.85% decline over seven days.

Coincu research team observes that the proposed integration of blockchain in ETF markets could potentially enhance liquidity and accessibility while preserving essential governance and transparency standards. Success may depend on regulatory adaptation to technological innovations.