Reddit Co-Founder Backs Blockchain Plan in TikTok Acquisition Bid

Reddit Co-Founder Backs Blockchain Plan in TikTok Acquisition Bid

Alexis Ohanian joins a bid to acquire TikTok’s U.S. operations, aiming to integrate blockchain for better user data control.
Competing bids from major tech firms challenge Ohanian and McCourt’s blockchain vision for TikTok’s future in the U.S.

Reddit co-founder Alexis Ohanian has made a significant impact with his latest move. This time, he’s joining the effort to acquire TikTok’s U.S. operations through “The People’s Bid for TikTok.”Along with former Los Angeles Dodgers owner Frank McCourt, Ohanian aims to bring TikTok to the blockchain space so users may have more data control.

Exciting news for the digital world…
I’m officially now one of the people trying to buy TikTok US — and bring it on-chain.
TikTok has been a game-changer for creators, and it’s future should be built by them↓ pic.twitter.com/SPq1Ppv1kK
— Alexis Ohanian (@alexisohanian) March 4, 2025

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