CoinGecko Unveils New Index to Track SEC’s Security Token List

CoinGecko launches an index for potential SEC security tokens.
List includes BNB, ADA, SOL, TRX, MATIC, and more.
Crypto community reacts calmly, awaiting regulatory clarity.

CoinGecko introduces a new index on its website. In particular, this new index will be tracking crypto tokens that are on the fence as being considered security tokens in the eyes of the SEC.

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In detail, CoinGecko, a leading crypto-centric platform, has just unveiled a new index tracking list. Specifically, this index will track SEC’s potential security tokens. These are possible security tokens that have yet to be proven to not be securities.

Much like Ripple’s XRP, the SEC has picked a fight with many similar tokens. Presently, after a long fought legal battle, Ripple’s XRP has proven itself to not be a security. As XRP holders rejoice, other crypto tokens holders facing the same accusation are hoping for a similar verdict.

Amid all this SEC and possible crypto tokens drama, CoinGecko has launched its latest tracking index. Now all holders of possible security tokens can go to one singular list to keep a track of all these tokens that have targets painted on them by the SEC.

This new list is called ‘Top Alleged SEC Securities Coins’ and they are listed based on market cap. At the top of the list is Binance’s BNB token. Following BNB are Cardano (ADA), Solana (SOL), Tron (TRX), and Polygon (MATIC).

The list also hosts many other popular crypto tokens such as Cosmos’ ATOM, Filecoin, ICP, NEAT Protocol’s NEAR, Algorand (ALGO), Axie Infinity’s AXS, and many more. Even Chiliz (CHZ), SAND, MANA, LUNA, and DASH are on this list.

According to a discussion on Twitter, the crypto community is not fazed by the list. In response, some share their surprise to see certain crypto tokens on the list. Instead, others take the presence of certain assets to be a good sign by the SEC. Each coin has its own vision and their position may likely change based on how regulations will be drawn in the coming days.

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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.