According to CoinMeta, Andy, the founder and host of The Rollup, cited sources as saying that ARK Invest under Cathie Wood may become one of the first asset management companies to utilize the innovative exemption framework in the United States to launch tokenized securities through transfer agents. It is expected to start with the funds under ARK and then expand to more products. Andy also mentioned that other asset management institutions such as Fidelity and WisdomTree might follow suit. Currently, ARK Invest and SEC have not publicly confirmed this information.