Content overview: “Why Vault12’s $17.45M VGT Token Still Isn’t Listed on Centralized Exchanges”. Vault12 raised $17.45 million in 2018 through the sale of its VGT token, and the company says it met or dropped every promise from that offering. Yet the token has never traded on a centralized exchange, highlighting a growing chill in the crypto market: exchanges are increasingly refusing to list legacy tokens unless the projects secure explicit immunity from the U.S. For VGT holders, this means limited liquidity and no major venue to buy or sell, despite the project’s claims of fulfilling its roadmap.
The stalemate reflects a broader post-ICO reality where tokens sold during the 2017–2018 boom face heightened regulatory scrutiny. Centralized exchanges, wary of SEC enforcement actions, now demand legal clarity that most legacy projects cannot provide. As a result, many older tokens remain confined to decentralized platforms or offline entirely, leaving investors in limbo. This listing links straight to the original page, where the content is available in full.