Reddit co-founder Alexis Ohanian introduced in the present day he has joined efforts to amass 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 produce 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 will allow customers to manage their knowledge and content material.
The proposal goals to rework how TikTok’s 170 million US customers handle their digital presence.
“Frequency modifications how social media may work—customers managing their very own knowledge,” 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 govt order.
Ohanian’s group, which incorporates “Shark Tank” investor Kevin O’Leary, competes with potential patrons like Microsoft and Oracle.
“Image TikTok together with your viewers and work on-chain, no intermediaries,” Ohanian mentioned, 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 concerning the variation of TikTok’s large-scale platform to blockchain infrastructure.
