Realize launches tokenized government bond fund in Abu Dhabi Global Market

ChainCatcher news, Realize and Neovision Wealth Management have launched an investment fund that will acquire shares of exchange-traded funds (ETFs) focused on U.S. Treasury bills and tokenize them. The fund is named Realize T-Bills Fund and will acquire shares of BlackRock's low-cost iShares and State Street's SPDR ETFs.

The two companies plan to scale the fund to $200 million. Realize will tokenize the fund units. Another report suggested a goal of expanding assets under management to $100 million within 12 months.