It seems like anything @DavidSacks holds is not a security. Looks good send it.
Proud to share that the @SECGov has issued @DoubleZero a No-Action Letter for 2Z. 🩅đŸ‡ș🇾 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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