Woofun AI reports that Nouriel Roubini, the economist renowned for forecasting the 2008 subprime mortgage crisis and his subsequent skepticism toward digital assets, has deployed a new tokenized exchange-traded fund. This financial instrument is backed on a one-to-one basis by the Atlas America Fund, an ETF managed by Roubini himself.

The underlying Atlas America Fund, which trades on NASDAQ under the ticker USAF, manages approximately $17 million in assets. Its portfolio strategy focuses on traditional safe-haven instruments, including U.S. Treasury bonds, gold, and real estate investment trusts (REITs), aiming to deliver diversified exposure with stable returns and inflation hedging capabilities.