BlockBeats News, July 31, CEO of "Chubby Penguin" Pudgy Penguins Luca Netz stated in an interview that "Pudgy Penguins has formally engaged with the Abstract team as a government advisor to participate in U.S. cryptocurrency legislation and provide recommendations. Team members have recently visited 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, the Cboe BZX Exchange submitted a 19b-4 application to the U.S. Securities and Exchange Commission (SEC) for the Canary PENGU ETF.