World & BusinessCathie Wood reportedly tokenizes $1.3 billion venture fund for 24/7 trading
Bloomberg describes the move as Wood’s first time putting one of her investment funds on the blockchain.
TLDR
Bloomberg reports that Cathie Wood is tokenizing a $1.3 billion venture fund for 24/7 trading. The outlet says this is her first investment fund to make the move onto the blockchain, as Wall Street experiments with new financial infrastructure.
Cathie Wood reportedly tokenizes $1.3 billion venture fund for 24/7 trading
Bloomberg describes the move as Wood’s first time putting one of her investment funds on the blockchain.
TLDR
Bloomberg reports that Cathie Wood is tokenizing a $1.3 billion venture fund for 24/7 trading. The outlet says this is her first investment fund to make the move onto the blockchain, as Wall Street experiments with new financial infrastructure.