Fuse Energy has announced that its native token, ENERGY, on the Solana blockchain, has received a No-Action Letter from the U.S. SEC's Division of Corporation Finance. This indicates that the regulatory body will not recommend enforcement action regarding the token's issuance as described in their application.
The Energy Network, as stated by Fuse, aims to alleviate grid congestion and manage load pressure by coordinating household charging stations, batteries, and solar equipment.
Fuse Energy's ENERGY Token Receives SEC No-Action Letter
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
