[ETF Issuer F/m Seeks Approval from U.S. SEC to Become an ETF Stock Tokenization Issuer] According to a report by Jinse Finance, F/m Investments is seeking approval from the U.S. Securities and Exchange Commission (SEC) to tokenize its 3-Month U.S. Treasury ETF (TBIL) shares and record ownership on a permissioned blockchain ledger. The company is an ETF issuer managing approximately $18 billion in assets. F/m Investments stated that it believes this is the first time an application for exemption related to the tokenization of registered investment company shares has been submitted to the SEC. If approved, the existing TBIL ETF shares will be represented on the permissioned ledger with the same CUSIP, rights, fees, voting rights, and economic terms, consistent with the current ETF shares. The company emphasized that tokenized shares will still fall under the regulatory framework of the Investment Company Act of 1940 and pledged to provide board oversight, daily transparent disclosures, as well as third-party custody and audits. Currently, lawmakers, regulators, and executives from Wall Street and the crypto industry have shown strong interest in the tokenization of publicly traded securities, but the SEC's specific regulatory path remains unclear. This week, the New York Stock Exchange announced that it is developing a platform for tokenized U.S. stock and ETF trading and on-chain settlement, though the plan still requires regulatory approval.