This time, there's no new token launching — what these crypto companies want to fix is the listing process itself.

According to The Block, Ink Foundation, GSR and several other crypto companies have jointly established the Charter Foundation, aiming to provide a new framework to help project founders lower the costs of issuing tokens. GSR serves as a market maker in the industry, while Ink Foundation is one of the founding organizers behind this initiative. Together with other unnamed crypto companies, they helped bring this new foundation to life.

That's all the information available for now — the specifics of the framework, its scope of application, the list of other participants, and whether any projects have already adopted it remain undisclosed.