Business & Finance
Tokenization Gives Illiquid Funds a 24/7 Trading Twist
Key Points
Tokenization Gives Illiquid Funds a 24/7 Trading Twist Putting interval funds on the blockchain could change more than just how their shares trade. This article is for subscribers only. Welcome to ETF IQ, a weekly newsletter dedicated to the $24 trillion global ETF industry.
Tokenization Gives Illiquid Funds a 24/7 Trading Twist
Putting interval funds on the blockchain could change more than just how their shares trade.
This article is for subscribers only.
Welcome to ETF IQ, a weekly newsletter dedicated to the $24 trillion global ETF industry. I am Bloomberg reporter Vildana Hajric, in for Katie Greifeld.
The Securities and Exchange Commission cleared the way for a tokenized share class of Cathie Wood’s ARK Venture interval fund in late September. So let’s explore what opportunities arise when you put a new round-the-clock secondary trading option on top of a fund that’s designed to limit redemptions.