According to online reports, according to a memorandum from the SEC's official website, the U.S. Securities and Exchange Commission (SEC) Cryptographic Assets Working Group and Payward, Inc. Representatives of (Kraken's parent company) held a meeting to discuss issues related to the regulation of crypto assets. The meeting topics included tokenization of traditional assets and how it can be promoted in other jurisdictions, feasible paths to promote tokenization in the United States, as well as different types of "pledge as a service", potential benefits to the ecosystem, and how the SEC can provide regulatory clarity on related businesses under existing authority.