Binance.US joins as a founding member of the Transparency Alliance, to help advance a common standard for disclosure and integrity in token markets.
Today, Binance.US is proud to join the Transparency Alliance as a founding member. The Transparency Alliance is a coalition launched by Blockworks that brings together leading exchanges, custodians, market makers, funds, and protocols in support of stronger market disclosure standards for digital assets.
The coalition is built around the Token Transparency Framework (TTF), an open-source standard launched by Blockworks that gives projects a consistent way to disclose market information that matters to participants and counterparties, including topics like token economics, insider allocations, entity structure, and market maker arrangements.
Why this matters
As a founding Alliance member, Binance.US is committed to supporting a common language for transparency and helping shape the standard going forward. Prior to the TTF, key information about digital assets was often scattered across different sources, with no common format for token projects to put material information on the record. This made it time-consuming and sometimes difficult for industry participants, including exchanges like Binance.US and our users, to evaluate the integrity of a project.
“The Token Transparency Framework provides straightforward, clear criteria to evaluate crypto assets,” said Stephen Gregory, CEO of Binance.US. “We are pleased to join the Transparency Alliance in support of its mission to create stronger disclosure standards and market integrity in token markets.”
What’s next
Going forward, Binance.US will work alongside other Alliance members to apply the TTF in our own diligence processes and contribute to how the standard evolves. Standardized disclosures benefit everyone in the market, from projects to exchanges to users, and we’re glad to help advance them from the ground up.
Visit Blockworks to learn more about the Token Transparency Framework.