Crypto Critic Nouriel Roubini Finds a Use for the Blockchain

Nouriel Roubini, the economist known for predicting the 2008 financial crisis and later for his sharp criticism of crypto, is putting one of his investment products on the blockchain.

Roubini is launching a digital token called USAFi that will be backed by the Atlas America Fund, a $17 million exchange-traded fund he oversees, according to a press release. The ETF, which trades on Nasdaq under the ticker USAF, invests in assets including US Treasuries, gold and real estate investment trusts.

The project highlights a broader push by Wall Street firms to use blockchain technology to represent ownership of ...