Earlier today, a meeting took place between the SEC’s Crypto Task Force and representatives from BlackRock to discuss various crypto regulations. The meeting touched upon topics such as staking, tokenization, and ETFs.

BlackRock had nine representatives present at the meeting, including the Head and Director of Digital Assets and Regulatory Affairs. While most of the details of the discussion remain undisclosed, it was evidently a high-level conversation.

The SEC's Crypto Task Force, established during the Trump Administration, has been actively engaging with private companies to collaborate on crypto regulation. This meeting was part of that effort.

BlackRock had outlined key priorities for the meeting, including an overview of their Digital Assets Suite and discussions on facilitating ETPs with staking capabilities, tokenization of securities, and approval standards for crypto ETPs.

Although the agenda mainly referred to broader product categories, specific BlackRock offerings were likely a significant focus of the discussions. For instance, BlackRock's inquiry about ETPs likely included mention of IBIT, the world's largest Bitcoin ETF, for which they have been seeking approval for ETF staking.

Furthermore, BlackRock highlighted other product offerings such as BUIDL, their tokenization fund, addressing market developments and RWA tokenization during the meeting.

While details of the closed-door meeting remain scarce, BlackRock disclosed a list of attendees that included representatives from the Digital Assets and Regulatory Affairs divisions, emphasizing the importance of the discussions.

It is unclear how this meeting with BlackRock will impact the SEC's policies, especially considering recent scrutiny over perceived favors towards the crypto industry. However, the ongoing private discussions with industry stakeholders indicate the SEC's commitment to engaging with the crypto sector.