Main to remember
- The co-founder of Reddit, Alexis Ohanian, joins the offer to acquire Tiktok US and integrate it into Blockchain technology.
- The initiative would allow 170 million American users of Tiktok to manage their data using the frequency blockchain protocol.
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The co-founder of Reddit, Alexis Ohanian, announced today that he had joined efforts to acquire Tiktok American operations and transmit the platform to blockchain technology.
Exciting news for the digital world …
I am officially one of the people who try to buy us Tiktok – and bring it in mind.
Tiktok has changed the game for creators, and its future should be built by them ↓ pic.twitter.com/spq1ppcv1kk
– Alexis Ohanian 🗽 (@alexisohanian) March 4, 2025
The offer focuses on the implementation of the frequency, a blockchain protocol that would allow users to control their data and their content.
The proposal aims to transform how the 170 million American users of Tiktok manage their digital presence.
“The frequency changes how social media could work – users managing their own data,” wrote Ohanian on X.
This decision comes as Bytedance faces pressure to sell Tiktok American operations before early April, following a Biden Administration Act and a subsequent extension by President Trump via the decree.
The Ohanian group, which includes the investor “Shark Tank” Kevin O’Leary, is in competition with potential buyers like Microsoft and Oracle.
“Imagine Tiktok with your audience and work on the channel, no intermediaries,” said Ohanian, describing his vision of the platform.
Bytedance did not confirm his plans for sale and McCourt recognized the absence of a clear assessment or a list of assets.
Technical challenges remain concerning the adaptation of the large-scale platform of Tiktok to the blockchain infrastructure.
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