CTF Written Submission

Cooperatives - Ownership Model for Digital Networks (Orrick, KPMG, & Upside.Coop)

April 30, 2025
  • Turbulence in the crypto and blockchain markets over the past year has shed light on how web3 companies share ownership in digital assets, including through tokens.
  • Builders and investors should consider adding cooperatives to their ownership structures.
  • The SEC has consistently declined to classify cooperative memberships as securities, enabling cooperatives to distribute ownership to users quickly and easily, while also offering important protections to their members.

Last Reviewed or Updated: May 1, 2025