The SEC Paves The Way For Crypto Startups To Raise Funds Through NFTs


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Fenelon L.

Commissioner Hester Peirce, now at the head of the SEC’s crypto working group, announced that projects using NFTs as a financing mechanism could soon be exempt from securities regulation.

Dark desk with direct light desk lamp. Imposing figure representing SEC crypto, stamping an NFTDark desk with direct light desk lamp. Imposing figure representing SEC crypto, stamping an NFT

Crypto startups could soon raise funds via NFT

Hester Peirce, recently appointed head of the crypto working group of the Securities and Exchange Commission (SEC) following Gary Gensler’s resignation, made a significant announcement last Friday.

During the first crypto roundtable organized by the SEC, she indicated to Decrypt that projects using NFTs as a fundraising mechanism…

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