Kraken Talks Tokenization of Assets with SEC’s Crypto Task Force

TLDR

  • Kraken met with the SEC’s Crypto Task Force to discuss the tokenization of traditional assets.
  • The meeting focused on the regulatory framework and legal requirements for operating a tokenized trading system.
  • Kraken recently expanded its tokenized stock offerings to the Tron blockchain, signaling its commitment to tokenization.
  • Industry associations are urging the SEC to enforce stricter regulations on tokenized stocks to protect investors.
  • Kraken’s tokenized stock service allows non-US investors to trade US equities around the clock.

Kraken, a leading crypto exchange, met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on Monday. The meeting focused on the potential for tokenized trading…

Source link