The SEC met with Kraken's parent company to discuss the regulatory path for tokenization and staking services

According to a memo on the SEC's official website, the Securities Exchange Commission (SEC) Crypto-Assets Working Group met with representatives from Payward, Inc. (Kraken's parent company) to discuss crypto-asset regulation-related issues. Topics at the meeting included the tokenization of traditional assets and how it could be advanced in other jurisdictions, possible paths to promote tokenization within the United States, and different types of "pledge-as-a-service", potential benefits to the ecosystem, and how the SEC can provide regulatory clarity to related businesses under its existing authority.