How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasuries Fund

[Riya143]

Convincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable medium to store regulated investment funds was no easy task for Mason Borda of Tokensoft.

The CEO of this Bay Area tokenization firm spent over two years crusading for a peer-to-peer tradeable fund. Borda developed compliance-appeasing token standards, hired regulatory veterans to lead his transfer agent subsidiaries and even moved Tokensoft into the same San Francisco high-rise as the SEC’s West Coast enforcement wing (albeit on a different floor).
Read More: https://www.coindesk.com/arcoins-blockchain-traded-fund-arca-tokensoft