PANews reported on August 26 that the U.S. Securities and Exchange Commission (SEC) Crypto Assets Working Group met with representatives from Payward, Inc., Kraken Securities LLC, and Wilmer Cutler Pickering Hale and Dorr LLP on August 25, Eastern Time, to discuss crypto asset regulation. The meeting focused on how to promote capital formation and market democratization through innovative technologies. Kraken submitted a request for discussion on the tokenization of traditional assets and submitted specific topics, including the architecture of tokenized trading systems, the transaction lifecycle, relevant legal and regulatory frameworks, and how to promote regulatory clarity to support innovation. Participants also discussed the potential benefits of tokenization, arguing that it can optimize market access through technological means.