The originate-source framework objectives to lift SEC-style disclosure rigor to crypto tokens, with over 44 protocols already filing and a rising industry alliance backing adoption.
Crypto has a transparency danger, and it’s now not exactly a secret. Token projects mechanically originate with whitepapers that be taught like fever dreams, tokenomics that require a PhD to decode, and governance structures that exist somewhere between “belief us” and “staunch luck.” Blockworks is having a bet that a standardized disclosure framework can substitute that.
The Token Transparency Framework, or TTF, launched in June 2025 as an originate-source fashioned for token disclosure. The core product: truth sheets that offer detailed offchain factual, governance, financial, and market constructing knowledge for every and every tokenized asset.
How the truth sheets in truth work
The TTF organizes disclosures into two sure filing kinds. The B-1 filing covers one-time disclosures, essentially designed round token generation events. Then there’s the B-2 filing, built for ongoing updates from extra mature protocols.
The B-2 substitute rolling out in 2026 locations specific emphasis on distinguishing organic assert from purchased assert by highlighting offchain financials.
Every filing receives a transparency ranking, measuring how total and thorough the disclosures in truth are. Initial ratings within the TTF cohort exceeded 35, which serves as a benchmark for disclosure completeness across the filings processed to this level.
By Could maybe 2026, better than 44 protocols had utilized the TTF for their disclosures. The target is to surpass 200 by 365 days-kill.
The Transparency Alliance and institutional aquire-in
The Crypto Transparency Alliance was once established in slack Could maybe 2026 to red meat up the TTF and push for broader adoption across the industry. The alliance comprises over 40 firms, alongside side Coinbase and Kraken.
To lower the barrier to participation, Blockworks launched RapidFile in August 2026, a instrument designed to automate the filing course of.
Why this issues for the market
Historically, token markets comprise operated with out standardized disclosure practices, compelling merchants to sift via disparate bits of data connected to provide schedules, insider holdings, market maker preparations, and financial knowledge. This lack of uniform reporting has hindered increased institutional participation within the crypto dwelling.
The TTF ensures that offchain factual and financial contexts come in for tokenized sources, complementing contemporary onchain knowledge while fostering self-regulatory and regulatory engagement, with out establishing any predetermined factual classifications for tokens interesting.
Disclosure: This article was once edited by Editorial Group. For added knowledge on how we fabricate and evaluate sigh, gaze our Editorial Coverage.
