DealMaker, a leading online capital formation platform, recently met with the Securities and Exchange Commission (SEC). The agenda? Discussing crypto offerings. As a tech-forward broker-dealer, DealMaker facilitates issuers to raise funds under Reg D, Reg CF, and Reg A. This approach has stirred the fintech sector, facilitating billions in transactions.
During the SEC meeting, DealMaker focused on the future of crypto offerings. Furthermore, they pushed for an updated Reg A, a change that could revolutionize the crypto landscape. As a key player in online capital formation, DealMaker’s role is pivotal. Hence, this meeting marks a significant milestone in financial technology’s evolution.
What sets DealMaker apart is their innovative approach to crypto offerings. They leverage technology to enable issuers to raise funds, providing a streamlined solution to a long-standing financial industry challenge. Their meeting with the SEC underscores their commitment to staying ahead in the fintech world.
Pushing for an Updated Reg A
One key takeaway from the meeting was DealMaker’s push for an updated Reg A. Reg A, part of US securities law, allows especially smaller companies to raise public funds. While the current Reg A has been a boon for capital raising, DealMaker believes an update is crucial to keep pace with the fast-evolving financial industry.
They suggest the revised Reg A should reflect the growing prominence of cryptocurrencies and other digital assets. As an increasing number of companies embrace these new currencies, it’s crucial that regulations support and facilitate this growth.
Considering the expected significant role of cryptocurrencies in the global economy’s future, the need for an updated Reg A is evident. The current rules may not adequately address the unique challenges and opportunities that cryptocurrencies bring.
To sum up, DealMaker’s SEC meeting and their push for an updated Reg A highlight their commitment to fintech innovation. Clearly, they’re not just bystanders in this industry, but active players ready to challenge the status quo and advocate for changes benefiting all stakeholders.
