๐ง Pudgy Penguins Takes Seat at US Crypto Regulation Table, Files $PENGU ETF!
Breaking from the igloo! Pudgy Penguins CEO Luca Netz just dropped major news: The PP team & Abstract are now OFFICIAL government advisors on US crypto legislation. ๐๏ธ
What Happened: Multiple trips to Washington D.C.
๐น ย Mission:Submitting concrete proposals to shape the future of crypto regulation.
๐น ย Big Move: They've officially FILED an application for a PENGU ETF! This ETF aims to uniquely cover BOTH PENGU tokens AND Pudgy Penguins NFTs. ๐
Why it matters:
1.ย Unprecedented Access: Blue-chip NFT project directly advising US lawmakers is HUGE for industry legitimacy.
2.ย Proactive Stance: Actively shaping rules, not just reacting.
3.ย ETF Innovation: A combined token+NFT ETF is groundbreaking territory.
Pudgy Penguins isn't just building a brand; they're building the future framework. ๐
DYOR No Financial advice!