Crypto’s biggest exchanges back push for token disclosure standards as industry courts institutional capital

Read original at CoinDesk·

Crypto’s biggest exchanges back push for token disclosure standards as industry courts institutional capital

60-second summary

Crypto's biggest exchanges, including rival Coinbase and Kraken, are backing a Blockworks-led framework to bring stock market-style disclosures to token markets, with over 40 firms on board. This push aims to attract institutional capital, which has been hesitant to invest in crypto due to a lack of transparency and regulatory clarity, potentially boosting market credibility.

More than 40 crypto firms, including rival exchanges Coinbase and Kraken, are backing a Blockworks-led framework aimed at bringing stock market-style disclosures to token markets.