Why the crypto industry needs an EDGAR

A corporate global registry like the SEC's EDGAR would be exactly what the crypto industry needs in order to fast-track growth and adoption and move crypto assets quicker down the path towards institutionalization.

Beyond just education, a disclosure platform can help investors build trust in what crypto companies are doing, and let investors feel comfortable entering a space that just a few years ago saw so many ICO exit scams.

A disclosure platform would also hold companies issuing crypto assets accountable for their company actions, leadership, and promises - which will lead to a greater level of information responsibility in the industry.

Traditional finance uses disclosures to determine valuation, so it would be no different for crypto.

A disclosure platform or registry will also give later-stage investors a history of how crypto projects were managed, any leadership changes, and any early funding.

Now that investments in crypto projects have jumped, and now that more companies are issuing crypto assets like utility and security tokens, the industry needs to now embrace crypto's financial future as an asset class, along with investor relations and protection.

The Future of CryptoWhat if a corporate global registry for crypto assets was put in place? What would the industry look like in the future, and what benefits could it offer to the world?

First, we'd see a culture where company disclosures and reporting were the status quo for any company looking to offer crypto options to their investors.

We'd see standardized valuations for crypto assets being created based on these disclosures, and we'd see these valuations and analyses used to compare asset types within the ecosystem.

Crypto should be a technology or tool to bring more fairness for all and so-called crypto enthusiasts should focus on efforts to make sure it is happening the right way.