VanEck, SEC Crypto Task Force Discuss ETF Standards, Tokenization, and Custody Rules

VanEck’s consultation with the SEC highlights growing institutional efforts to integrate crypto into traditional finance, focusing on tokenized ETFs and regulatory frameworks.

Summary

VanEck engaged with the SEC’s crypto task force to discuss the tokenization of ETFs and other fund strategies. The discussions explored new listing standards for crypto and commodity ETFs, tokenization of private and registered funds, liquidity risk policies, and secure custody using multi-party computation (MPC) software.

Terms & Concepts
  • Tokenization: The process of converting rights to an asset into a digital token on a blockchain.
  • Multi-Party Computation (MPC): A cryptographic method enabling secure digital asset storage by distributing key control among multiple parties.