Because of this, crypto assets are becoming a fully institutionalized asset class, which can only be a good thing.
There are no regulations or systems holding companies that issue crypto assets accountable, which means companies can issued ICOs and disappeared.
What crypto needs to move into the next stage of maturity is a corporate global registry that will finally bring transparency around valuation and company actions.
Regulators already work with disclosures, which lets them know how crypto projects are handled, so it's an easy way to use the same framework for assessing project valuation.
A system for determining asset valuation will also lead to increased sustainability across crypto asset classes, which can only help with more widespread adoption.
Increased ease in regulation, more exposure to new projects, better investor relationships and more standardized valuation are the steps needed to fully institutionalize crypto - and that all happens with the creation and adoption of a corporate global registry.
Five years down the road. If an EDGAR-like registry for companies issuing crypto assets is adopted and becomes the hub of the crypto ecosystem, we'll see a world where information transparency is valued as part of the crypto culture, with startups eyeing ICOs eager to issue disclosures.
Finally, crypto disclosure services can easily work with government regulatory bodies to round out the crypto ecosystem.
Finally, there won't be anything to bridge the gap between the crypto asset world and the traditional finance world, leaving crypto out in the cold.
It's going to involve buy-ins and commitment, but the choice to encourage corporate disclosures seems easy both for the health of crypto companies and their potential investors.
Corporate disclosure is the only way to get crypto institutionalized
Publicado en Oct 25, 2020
by Cointele | Publicado en Coinage
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