Realize Launches Tokenized Treasury Fund at Abu Dhabi Global Market
On November 1, Realize and Neovision Wealth Management launched an investment fund that will acquire and tokenize shares of U.S. Treasury-focused exchange traded funds (ETFs). The fund, called the Realize T-Bills Fund, will acquire shares of BlackRock's low-cost iShares and State Street SPDR ETFs.
The firms plan to expand the fund to $200 million, and Realize will tokenize the units. Another report suggests a goal of expanding AUM to $100 million within 12 months.
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