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The CEO of "Fat Penguin" revealed that the team has participated in U.S. encryption legislation, and the PENGU ETF will cover both Tokens and NFTs.
On July 31, Luca Netz, the CEO of Pudgy Penguins, stated in an interview that "Pudgy Penguins has officially participated in U.S. cryptocurrency legislation as a government advisor in collaboration with the Abstract team and has made recommendations. Team members have traveled to Washington, D.C. multiple times in the past three months and have submitted a PENGU ETF application, which will not only include the PENGU token but also NFTs." BlockBeats previously reported that on June 26, Cboe BZX Exchange submitted a 19b-4 application for the Canary PENGU ETF to the SEC.