Incremental Evolution of the SEC’s Approach to Tokenization and the Use of Digital Assets in Registered Fund Structures

Who may be interested: Registered Investment Companies; Directors of Registered Investment Companies; Investment Advisers; Broker-Dealers. Quick Take: The SEC continues to evolve the framework for tokenization of investment company securities and the framework around digital assets. Commissioner Mark Uyeda’s recent remarks, along with exemptive applications from F/m Investments LLC and WisdomTree, illustrate new milestones in the industry-wide effort to integrate and modernize the... By: Seward & Kissel LLP