CTF Written Submission

Subject: Recommendations for Enhancing Regulation Crowdfunding (Reg CF) Through Blockchain Technology

May 8, 2025
  • Enable secondary trading of tokenized Reg CF securities via public blockchains to enhance liquidity and reduce counterparty risk.
  • Allow CEO-certified financial statements for raises up to $500,000 to lower capital-raising costs for startups.
  • Permit smart contract-based escrow in place of qualified custodians for raises up to $1 million to reduce costs and improve efficiency.

Last Reviewed or Updated: May 8, 2025