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Hivemapper CEO hints tokens equal ownership, SEC may not like it

Hivemapper CEO hints tokens equal ownership, SEC may not like it

If the decentralized mapping network’s HONEY token does represent equity, it would likely have to be registered with the SEC.

Cryptocurrency news by Protos · Protos

December 16, 20223m 6s

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Show Notes

On what was a strange Thursday for US-based mapping service Hivemapper, the firm’s CEO and co-founder Ariel Seidman suggested that the project’s upcoming HONEY token will represent ownership in the platform. This is a curious revelation, as any token that represents equity would likely have to be registered with the Securities and Exchange Commission (SEC).

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