Kraken Meets with SEC to Address Regulatory Framework for Tokenized Trading

Crypto exchange Kraken engaged in discussions with the U.S. Securities and Exchange Commission (SEC) Crypto Task Force on Monday, focusing on the regulatory framework surrounding tokenized assets and the operation of a tokenized trading system. Representatives from Kraken’s parent company, Payward Inc., Kraken Securities LLC, as well as lawyers from Wilmer Cutler Pickering Hale and Dorr LLP, participated in the meeting, according to a memorandum filed on the same day.