Since the launch of the Crypto Rating Council (CRC) and the initial publication of twenty asset scores last fall, we have made steady progress engaging the developer community, recruiting new members, and producing additional asset scores. Today, the CRC is pleased to announce the addition of three new members and the publication of five new asset scores.
We are pleased to announce these new CRC members:OKCoin. OKCoin is a leading global crypto exchange founded in 2013. OKCoin offers fiat trading support for major crypto assets and expanded operations to the U.S. in 2018. RADAR. RADAR develops innovative blockchain technology, including RELAY, a peer-to-peer trading application for ERC20-compatible tokens. RELAY supports trading crypto assets for users in the U.S. and around the world. eToro USA. eToro is a leading social trading network founded in 2007, with millions of registered users and an array of innovative trading and investment tools. It offers crypto asset trading services to users in the U.S. and around the world.
OKCoin, RADAR, and eToro join eight other industry leaders in the CRC’s continuing mission to provide a more systematic U.S. securities law analytical framework for crypto assets. CRC members are committed to the responsible growth and maturation of crypto asset markets and share a belief that practical compliance tools can accelerate the growth of our industry.
New Asset Ratings
We are also pleased to publish new asset ratings for five additional tokens: Cosmos (ATOM), Livepeer (LPT), Dash (DASH), Ethereum Classic (ETC), and Horizen (ZEN), each of which are traded, transacted or supported in some capacity as a non-security by at least one member’s U.S. business. The ratings for each asset, and other assets previously reviewed by the CRC, are published to our Asset Ratings page.
We have also revised the summaries of each published rating to provide more specific statements of facts, ...