CoinList Reopens US Token Sales After Five-Year Hiatus with DoubleZero Offering

San Francisco, CA – CoinList, a prominent token launch platform, has announced its return to facilitating token sales for U.S. accredited investors, marking an end to a five-year absence from this market segment. The platform's first offering under this renewed approach is the DoubleZero (2Z) token sale, which commenced on April 2, 2025. This development signals a significant shift in the U.S. crypto regulatory landscape, allowing American participants access to early-stage digital asset opportunities previously unavailable.

CoinList's departure from the U.S. market in late 2019 was largely attributed to the increasingly aggressive enforcement actions by the U.S. Securities and Exchange Commission (SEC) during the previous administration. Scott Keto, President of CoinList, commented, "The perceived risk of enforcement and its associated costs radically increased during the Biden administration." He added that many enforcement actions were "almost all summarily dismissed in 2025" under the current Trump administration, which has adopted a more crypto-friendly stance. This regulatory pivot has also seen the SEC drop lawsuits against major crypto entities like Coinbase, Kraken, and Ripple.

The DoubleZero token sale is specifically tailored for validators within the Solana, Sui, Aptos, Avalanche, and Celestia ecosystems, encompassing both U.S. and international participants. DoubleZero, a global physical fiber network, aims to optimize internet infrastructure for distributed systems, addressing communication bottlenecks in blockchain networks. Validators were invited to submit their interest between April 2 and April 10, with allocations determined by network stake and pricing input. The token, 2Z, is part of a supply of 10 billion tokens, with up to 1.5% offered in this sale. U.S. purchasers will face a one-year lockup period from the sale's closing date, while non-U.S. buyers have a shorter lockup of 40 days or until mainnet launch, whichever is later. The project recently secured $28 million in funding at a reported $400 million valuation.

While the tweet from "raghav" suggested Pipe Network would also be available for U.S. sales, CoinList's official disclosures for the Pipe Token Sale explicitly state that prospective participants in the U.S. (and its territories), Canada, and the EU (with specific exceptions) are not eligible due to regulatory compliance. Despite this, CoinList remains optimistic about the future of U.S. participation in the crypto space. "The next wave of U.S. public token sales starts now," CoinList stated, anticipating further regulatory clarity, including potential stablecoin and market infrastructure legislation.