BlockShoals advances SEC Sandbox testing

BlockShoals Technologies, Inc. is currently conducting due diligence on its selected Virtual Asset Service Provider (VASP) for integrations required by its participation in the Securities and Exchange Commission’s Strategic Sandbox (StratBox) to test its cryptocurrency platform.

- By JAMES A. LOYOLA

BlockShoals’ participation in the SEC StratBox allows the company to test trading activities and other advanced crypto-asset products within a controlled regulatory environment. The firm said in a statement that onboarding and system integration will begin once its partnership is formalized with the still-unnamed VASP licensed by the Bangko Sentral ng Pilipinas (BSP).

‘‘It has always been the plan for BlockShoals and Binance to work with a VASP regulated by the BSP wherever required. This is part of BlockShoals’ testing plan, which was submitted to and approved by the SEC under its StratBox Framework in November 2025,’’ said BlockShoals Head of Legal and Director Marie Antonette Quiogue.