Reddit co-founder Alexis Ohanian introduced in the present day he has joined efforts to accumulate TikTok’s US operations and transition the platform to blockchain know-how.
Thrilling information for the digital world…
I am formally now one of many folks making an attempt to purchase TikTok US — and convey it on-chain.
TikTok has been a game-changer for creators, and it is future needs to be constructed by them↓ pic.twitter.com/SPq1Ppv1kK
— Alexis Ohanian 🗽 (@alexisohanian) March 4, 2025
The bid focuses on implementing Frequency, a blockchain protocol that might allow customers to regulate their information and content material.
The proposal goals to rework how TikTok’s 170 million US customers handle their digital presence.
“Frequency adjustments how social media might work—customers managing their very own information,” Ohanian wrote on X.
The transfer comes as ByteDance faces stress to promote TikTok’s American operations by early April, following a Biden administration regulation and subsequent extension by President Trump through government order.
Ohanian’s group, which incorporates “Shark Tank” investor Kevin O’Leary, competes with potential patrons like Microsoft and Oracle.
“Image TikTok along with your viewers and work on-chain, no intermediaries,” Ohanian stated, describing his imaginative and prescient for the platform.
ByteDance has not confirmed plans to promote, and McCourt acknowledged the absence of a transparent valuation or asset checklist.
Technical challenges stay relating to the difference of TikTok’s large-scale platform to blockchain infrastructure.
