BlackRock, crypto task force discuss ETP staking, tokenization

Wall Street giant BlackRock met with the Securities and Exchange Commission (SEC) Crypto Task Force to discuss staking within crypto exchange-traded products (ETPs) and tokenization of securities. The discussion could advance institutional interest in the crypto industry. According to a May 9 memo published by the task force, BlackRock sought to “[d]iscuss perspectives on treatment of staking, including considerations for facilitating ETPs with staking capabilities. ” The company has previously said that Ether (ETH) exchange-traded funds, while successful, are less perfect without staking source: https://cointelegraph.com/news/blackrock-sec-crypto-task-force-etp-staking-tokenization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound