Reddit’s Cofounder Alexis Ohanian Makes Bid For TikTok, Intends To Bring It On-chain

Quick Summary:

Reddit’s cofounder Alexis Ohanian is keen on acquiring Chinese social media platform TikTok with plans to bring it on-chain.

While details of his plan are sparse, Ohanian seeks to use Web 3 to change the concept of social media ownership.

Although the SEC is dismissing crypto lawsuits against exchanges, Ohanian has to proceed with caution.

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Article Details

Author / Journalist: Aliyu Pokima

Category: Crypto

Markets: India

Topics: Blockchain News Blockchain TikTok 24/7 Cryptocurrency News TikTok US Ban Reddit

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 22:36:20 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 341 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26670771

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 36 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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