SEC's 'Reg Crypto' Could Boost Ethereum, Solana, and BNB Chain Activity
The U.S. Securities and Exchange Commission (SEC) has proposed a new framework for crypto assets, dubbed 'Reg Crypto,' which could create a clearer path for token-based fundraising in the United States.
This proposal would allow eligible crypto projects to raise up to $5 million over four years with lighter disclosure requirements or as much as $75 million within 12 months subject to additional disclosures and reporting requirements. The framework is aimed at newly issued crypto assets used for capital formation rather than tokenized versions of existing stocks or other securities.
Grayscale Research believes that Reg Crypto could reopen U.S. token-based fundraising and potentially increase activity across major blockchain networks, including Ethereum, Solana, and BNB Chain. The reasoning is that more token launches could bring additional projects, investors, transactions, and economic activity onto public blockchain networks.