CFTC Greenlights RWA Tokenization for Futures Advisors, Accepts Blockchain Ledgers as Official Records

The U.S. Commodity Futures Trading Commission (CFTC) has issued a No-Action Letter allowing registered futures advisors to manage client funds using tokenized asset portfolios. The guidance confirms that blockchain-based ledgers can serve as official records, provided they are verifiable, immutable, and accessible for regulatory oversight. This move, initiated by a petition from the Futures Industry Association (FIA), removes a significant compliance barrier for tokenizing traditional assets like Treasury bills and commercial paper. The policy applies specifically to tokenized traditional assets rather than native cryptocurrencies, complementing recent regulatory developments regarding on-chain securities.