Vault12 says SEC token safe harbor keeps VGT off exchanges
The wallet-backup firm raised $17.45 million in a 2018 token sale and says exchanges want assurance the SEC will not later challenge VGT.
At a glance
Vault12 told the SEC that exchanges remain unwilling to list its VGT token because the agency's token safe harbor has not given them enough certainty.
If exchanges decline to list VGT, holders from the 2018 sale may have fewer venues to trade.
Vault12 told the SEC that exchanges remain unwilling to list its VGT token because the agency's token safe harbor has not given them enough certainty. The wallet-backup firm, which raised $17.45 million in a 2018 token sale, said exchanges want assurance the SEC will not later challenge VGT.
If exchanges decline to list VGT, holders from the 2018 sale may have fewer venues to trade.
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