Understanding the Implications of an SEC No Action Letter for Solana DePIN Token DoubleZero
Simply put The SEC has given a “no action” letter to the Solana-based project, DoubleZero. The regulator indicated that the 2Z tokens do not resemble securities. The token is set to launch on Friday with the Mainnet release. The U.S. Securities and Exchange Commission (SEC) issued a “No Action” letter to DoubleZero on Monday, which […]
The public internet limits blockchain, says DoubleZero CEO
Austin Federa, the co-founder and CEO of DoubleZero, has pointed out that public internet infrastructure poses significant limitations on the speed and performance of high-throughput blockchain networks. In an interview at Consensus 2025, he remarked that the public internet wasn’t designed for high-performance systems. “It was always meant for interaction between a small server and […]