Token launch platform CoinList is returning to the US market for the first time since 2019 and is set to host a token sale for the DoubleZero Foundation, the team behind the DoubleZero protocol.
The DoubleZero token, called 2Z, will be offered to accredited U.S. investors and will be CoinList’s first token sale open to U.S. participants in more than five years. The last such offering was the Kadena token sale in 2019, CoinList President Scott Keto said in a statement.
CoinList’s comeback comes as the Donald Trump administration has taken a more positive stance towards the crypto space. The platform exited the US market in late 2019 due to increased regulatory enforcement under the Joe Biden administration, which was seen as overly aggressive by the crypto industry.
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“The perceived sanctions risk and associated costs have increased radically during the Biden administration,” Keto explained. “Many projects and companies have complied, but that has not prevented an activist SEC from filing unreasonable sanctions lawsuits, many of which were summarily dismissed in 2025.”
Under the current administration, the SEC has dropped numerous lawsuits, including those against major crypto firms like Coinbase, Kraken, and Ripple. Keto noted that between 2020 and 2024, several top blockchain projects, including Solana, Near, and Ondo, have opted to exclude U.S. participants from their token sales due to regulatory uncertainty.
*This is not investment advice.
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