Security tokens platform TokenSoft has joined the Blockchain Association (BA), a U.S .- based crypto lobbying organization.

In an official announcement on April 27, the token issuance platform based in San Francisco said. That it would enter the D.C. based organization to “educate regulators and elected officials on the advantages of utilizing blockchain technology and the need for responsive, national regulatory standards.”

Also, announcing that the company will take a leading position in the BA. TokenSoft said the move was intended to provide guidance on the use of blockchain technology under current regulations, improve regulatory compliance with safety tokens requirements, and eventually achieve greater automation for blockchain infrastructures.

In a statement, Kristin Smith, Executive Director of The Blockchain Association, said that including TokenSoft to the association will provide an “important perspective in support of a pro-business and pro-consumer regulatory solution [to securities law].”

Alex Levine, Chief Legal Officer of TokenSoft, would also co-chair the Security Token working group.

Legal support from Blockchain Association

The BA has come out in support of other blockchain firms faced with legal challenges. For Canadian messenger Kik and Telegram, the company has already submitted at least two amicus curiae briefs in 2020. Both of these firms face U.S. lawsuits. Securities and Exchange Commission.