This will be something that all tokens seek to do going forward.
Proud to share that the @SECGov has issued @DoubleZero a No-Action Letter for 2Z. 🦅🇺🇸
The first-of-its-kind No-Action Letter gives us confidence that 2Z does not have to register as a class of “equity securities” and that programmatic flows of 2Z on the DoubleZero network are not securities transactions.
This represents four months of constructive engagement with the SEC to establish a clear framework for compliant token launches in America, and a landmark moment for the crypto industry. ↓
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