Express

US Startup Arca Seeks SEC Approval For US Treasury Bond-Backed Stablecoin

Liang CHE

Summary: According to coindesk.com, Arca, a Los Angeles-based digital asset management company, submitted a propose to the US Securities and Exchange Commission (SEC), in which a bond fund's shares will be tokenized on the Ethereum blockchain. The spokesman said Arca hopes the US Securities and Exchange Commission will approve the product later this year.

According to coindesk.com, Arca, a Los Angeles-based digital asset management company, submitted a propose to the US Securities and Exchange Commission (SEC), in which a bond fund's shares will be tokenized on the Ethereum blockchain. The spokesman said Arca hopes the US Securities and Exchange Commission will approve the product later this year.

Last Update:

Tags: ,
Link: US Startup Arca Seeks SEC Approval For US Treasury Bond-Backed Stablecoin   [Copy]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 13 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 20 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 24 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 27 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025
  • You need to login to comment.