Vault12 urges SEC to offer exchanges certainty on token safe harbor before listing legacy tokens

Vault12, a crypto wallet backup firm, argues that centralized exchanges will not list legacy tokens like its VGT unless the SEC provides explicit immunity from future regulatory challenges. The firm states its 2018 token sale met all white paper commitments yet has never traded on a major exchange. Vault12 proposes a 60-day window after filing Form TR during which the SEC’s silence would make the safe harbor conclusion conclusive, giving exchanges the certainty needed to list tokens.