Source: CoinDesk
Messari, an open-source cryptocurrency focused version of the U.S. Securities and Exchange Commission’s EDGAR database, is launching a disclosure registry for token-issuing projects to publicly share information that might otherwise be difficult to find.
The registry, announced Tuesday at CoinDesk’s Consensus: Invest event, will share a range of typically non-public information, including token design, supply details, any audits of the technology, official communication channels, treasury management and details of team members.
Messari founder Ryan Selkis told CoinDesk that the platform is aimed at both standardizing and automating such information disclosures, making it easier for investors or casual observers to learn more about projects of interest.
“What we’re trying to do is make key information about these various crypto assets available to anyone, whether it’s a retail investor, a regulator, an academic or a mutual fund,” he said, adding:
“The most important thing for us is ushering in an era where that is the standard, versus today’s standard which is driven by information asymmetry and insiders, where…