#WalletConnect According to information, the SEC of the USA is in the early stages of collaboration with exchanges to establish a general listing standard for Token-based ETFs. The SEC's idea is that if a specific Token meets these standards, the issuer could avoid the 19b-4 process and instead directly submit an S-1 prospectus, waiting 75 days before the exchange can list it. This measure promises to benefit both issuers and the SEC.