HBAR Foundation Partners with OnlyFans Founder to Bid for TikTok
The HBAR Foundation and Tim Stokely, founder of OnlyFans, have submitted a bid to acquire TikTok through Stokely's crowdfunding company, Zoop.
- The bid aims to benefit creators and their communities directly from the value generated.
- HBAR Foundation supports Hedera (HBAR), which has a market cap of $7.2 billion and ranks as the 22nd-largest cryptocurrency.
- In response to the news, HBAR's price increased by 1.5% over the last 24 hours.
- Amazon is also reported to be pursuing an acquisition of TikTok.