After a five-year absence from the U.S., CoinList, a well-known platform for cryptocurrency token sales, is staging a comeback. On April 2, 2025, the company marked its return with a token sale for DoubleZero, a project aiming to upgrade internet infrastructure for blockchain and decentralized networks. This sale is CoinList’s first offering to U.S. accredited investors since 2019, signaling a strategic shift and renewed momentum for the American crypto market.
A Turning Point for CoinList and U.S. Participants
CoinList’s re-emergence in the U.S. marks a pivotal moment for the platform and the cryptocurrency sector at large. Founded in 2017, CoinList built a strong reputation by backing major blockchain projects like Solana, Near, and Flow. However, due to strict U.S. securities regulations, the platform had to limit access for American users, cutting them off from high-potential early-stage crypto opportunities.
The DoubleZero token sale shifts this dynamic. Running from April 2 to April 10, 2025, the sale welcomes U.S. accredited investors with no minimum or maximum purchase limits. All participants will receive tokens at the same price. Allocations, set by DoubleZero, will be announced on April 15, after investors express interest, pass verification, and confirm participation.
Understanding DoubleZero
DoubleZero aims to establish a global fiber-optic network optimized for blockchain and distributed systems. By leveraging independent fiber links, it tackles communication inefficiencies, delivering high-speed connectivity for Layer 1 and Layer 2 blockchains. The network uses a dual-ring design. The outer ring filters traffic and shields validators. Meanwhile, the inner ring improves data flow between them, reducing latency and speeding up consensus.
The 2Z token drives this network, rewarding validators who keep it running. In March 2025, DoubleZero secured $28 million in funding from Multicoin Capital and Dragonfly Capital, achieving a $400 million valuation. This investment highlights its potential to redefine blockchain scalability, with use cases extending to AI, gaming, and financial trading, making it a multifaceted infrastructure contender.
Why It’s Significant
CoinList’s return aligns with a period of growing crypto mainstream appeal. As of April 7, 2025, Bitcoin trades near $80,000, and institutional enthusiasm for blockchain solutions is on the rise. By opening DoubleZero to U.S. investors, CoinList rides this wave, potentially accelerating the adoption of decentralized technologies.
This step also points to an evolving regulatory environment. The U.S. Securities and Exchange Commission (SEC) has long viewed token sales skeptically, often deeming them unregistered securities. CoinList’s ability to conduct this sale indicates it has navigated accreditation and compliance hurdles, possibly paving the way for other platforms to reconnect with U.S. audiences.
Future Implications
The DoubleZero token sale is more than just CoinList’s U.S. comeback—it’s a gauge of American appetite for emerging blockchain initiatives. DoubleZero’s promise of a faster, more efficient internet for decentralized systems could draw keen interest from validators and investors alike. For CoinList, it’s an opportunity to reclaim its foothold in a vital market and perhaps unlock further U.S.-inclusive token offerings down the line.
As the sale progresses, its success—or lack thereof—will be closely watched. A strong outcome could usher in a fresh wave of opportunities for U.S. crypto fans, while cementing CoinList’s status as a global token sale leader.