605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasurys Fund
A look inside Arca and TokenSoft’s 605-day crusade to register the first Ethereum blockchain-native ‘40 Act Fund.
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage.
Tokensoft is wrapping bitcoin and ether so traders can access them on any one of Kadena’s chains.
Doing its IPO on the Ethereum blockchain gives the public, and INX itself, a novel vista on the process, which traditionally has been a back-room affair.
The new partnership will add direct custodial support for Arcoin and INX, the upcoming INX Limited security token.