F/m Investments seeks SEC approval for tokenized Treasury ETF
By John Nada·Jan 22, 2026·3 min read
F/m Investments seeks SEC approval for a tokenized Treasury ETF, signaling a shift toward blockchain integration in traditional finance.
F/m Investments, a prominent asset manager with $18 billion in assets under management, is taking a significant step toward integrating blockchain technology into traditional finance. The firm has submitted a request for relief from the U.S. Securities and Exchange Commission (SEC) to enable the recording of ownership for its $6 billion Treasury ETF on a permissioned blockchain. This move comes amid growing interest in tokenization across Wall Street, where financial institutions are increasingly exploring the benefits of digital assets.
Tokenizing a Treasury ETF could potentially enhance liquidity, improve transparency, and streamline operations within the investment ecosystem. By utilizing a blockchain framework, F/m would allow for more efficient processing and settlement of transactions, which could lead to lower costs for investors and greater accessibility to the market.
The SEC has been cautious about approving proposals that involve blockchain technology, particularly in the context of investment products. However, the agency has shown signs of acknowledging the potential advantages of tokenization, especially as the crypto landscape continues to evolve. By granting F/m Investments the necessary approval, the SEC could set a precedent for other asset managers looking to innovate within the space.
F/m's initiative reflects a broader trend where traditional financial entities are beginning to adopt blockchain solutions to enhance their offerings. The growing acceptance of digital assets and the exploration of tokenization indicate a shift in how investment products are structured and traded. As more firms explore blockchain applications, the implications for market efficiency and investor participation could be profound.
For investors, the proposed tokenization of the Treasury ETF raises important considerations. If approved, it could signify a new era of investment vehicles that leverage blockchain technology, potentially reshaping how investors engage with government securities. This could lead to a democratization of access to such assets, allowing a wider range of participants to gain exposure to U.S. Treasuries through a digital format.
The potential approval of F/m’s tokenized Treasury ETF will likely be closely watched by both the investment community and regulators alike. As discussions around the role of blockchain in financial markets continue, stakeholders will evaluate the broader implications of such innovations on market dynamics, compliance, and investor protection.
Looking ahead, the outcome of F/m's request could influence the direction of future regulatory policies regarding tokenized assets. If the SEC embraces this proposal, it may encourage further experimentation with blockchain technology in traditional finance, paving the way for enhanced financial products. Investors and analysts will be keen to monitor how this situation unfolds and what it may mean for the future of financial innovation in the United States.