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SEC Crypto Panel Meets with Jito Labs and Multicoin Capital Representatives on the Introduction of Pledging in ETPs
According to the SEC meeting memo, on February 5, 2025, crypto task force staff met with representatives from Jito Labs and Multicoin Capital Management, during which two main topics were discussed: 1. The feasibility of including a pledge function in exchange-traded products (ETPs); 2. Pledging model scheme for specific cryptoasset ETPs. The inclusion of a pledge function in an ETP will benefit investors, more accurately reflect the value of native network assets, and allow issuers to...
2025-02-14 15:31:44
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