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CeFiWire Most Read for July 7
What was news for the week ending June, 2023.
The trend of companies outside the United States putting products on the shelves while U.S. companies fight with regulators continues. The week’s news included two companies — SDX in Europe and Securitize Japan in Asia — creating actual products and two stories from the U.S. that involve filings for future products.
Meanwhile, the most written about story was BlackRock CEO Larry Fink’s visit to Fox Business for more than 18 minutes. The most interesting news from that visit is not what he did say … blockchain will revolutionize financial markets … but what he did not say. Fink said nothing about tokenizing any of BlackRock’s own products. While the SEC staff has told those in the mutual fund world that tokenized ETFs and T-shares of existing traditional funds are off the table for now, BlackRock could work on tokenizing a new mutual fund, or one of institutional funds or separate accounts. To date, no word or even rumors that they are. Fink so far is the hound who has not barked.
— Sean Hanna, Editor
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