Report: PENGU Token’s ‘Social Currency’ Role Underpins Novel ETF Bid

A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed […]