Crypto Giants Unite: Coinbase, Binance.US, Kraken Lead Transparency Revolution

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Coinbase, <a href="https://investment-policy.com/bnb-usd/">Binance</a>.US, Kraken Join Blockworks Transparency Alliance

Key Highlights

  • More than 40 crypto firms, including Coinbase, Kraken, and Binance.US, joined the Transparency Alliance to improve token disclosure standards.
  • The alliance uses Blockworks’ Token Transparency Framework (TTF) to standardize how crypto projects share key information.
  • Around 44 crypto projects have already completed framework filings, with more expected later this year. 

Blockworks launched the Transparency Alliance on Wednesday, bringing together over 40 cryptocurrency companies – including major players like Coinbase, Kraken, and Binance.US – in a new industry effort.

The newly formed alliance seeks to simplify crypto investing by uniting various industry players – including exchanges, custodians, and market makers – to establish standardized information sharing rules for investors.

This program uses Blockworks’ Token Transparency Framework (TTF), a set of standard reporting guidelines launched in June 2025. The framework helps crypto projects consistently share important information with investors and the public.

Why the alliance was created

This new partnership aims to address a key issue in the cryptocurrency world: a lack of transparency. Currently, many investors aren’t sure exactly what they’re getting when they buy tokens. Crucial information about token distribution, control, and supply is often difficult to find or simply isn’t available.

According to Jason Yanowitz, co-founder of Blockworks, investors generally have a clear understanding of what they’re purchasing when they buy stock. However, with tokens, it’s often unclear what you’re actually getting. He points out that important details are frequently missing, hard to find, or simply not accessible, leading to market confusion.

Launched in June 2025, the Token Transparency Framework helps crypto projects clearly share key information with the public. This includes details about the project’s structure, how tokens are distributed, the number of tokens held by the team and early investors, and any deals made with companies that trade tokens. It also covers the requirements for getting listed on exchanges and whether the project has plans to repurchase tokens from the market.

The framework is split into two filing types:

  • One is used when a token is first launched.
  • The other is updated over time for more mature projects. 

Major crypto firms join the initiative

As a crypto investor, I’m paying attention to this new group forming. It’s not just the big exchanges like Coinbase, Kraken, and Binance.US getting together – it also includes important players like Grayscale, Anchorage Digital, MoonPay, BitGo, VanEck, Bitwise, Ripple, FalconX, Aave, and Securitize. It looks like a pretty comprehensive alliance covering a lot of different areas of the crypto space.

Clay Maffett, who leads asset listings at Coinbase, said the company has always believed in clear rules and fairness for crypto trading. He expressed Coinbase’s enthusiasm for collaborating with others to implement the Token Transparency Framework and improve the market.

The alliance brings together a diverse group of companies from across the crypto world, representing areas like secure storage, trading, investment, decentralized finance, and creating new tokens.

Early progress and talks with regulator 

Since Blockwork began tracking, roughly 44 cryptocurrency projects have submitted the necessary paperwork. These include well-known names like Morpho, Jupiter, Spark, and dYdX. Blockwork anticipates that over 200 projects will have completed their filings by year’s end.

The company confirmed it has been in talks with staff at key U.S. regulatory bodies, such as the Securities and Exchange Commission and the Commodity Futures Trading Commission.

The alliance isn’t about labeling tokens as ‘good’ or ‘bad’. Its main goal is simply to provide information. Some tokens will choose to share their details, while others won’t.

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2026-05-27 23:17