CLARITY ON THE HORIZON: The SEC Closes Its Investigation Into Horizen Labs' ApeCoin Launch!

A new day is on the horizon for ApeCoin after the token’s launch partner, Horizen Labs, announced that the Securities and Exchange Commission has officially closed its investigation into the Web3 company, determining they did nothing wrong regarding $Ape’s launch!

It was a good day to be an $Ape on Wednesday when ApeCoin’s launch partner and ApeChain co-creator, Horizen Labs, announced that the SEC’s investigation into its involvement with ApeCoin had come to an end.

"The SEC has officially closed its investigation into Horizen Labs related to the @ApeCoin launch,” the company tweeted, “This marks a significant moment—not just for us, but for the entire crypto space. For too long, regulatory uncertainty has slowed down innovation and driven projects offshore. Our decision to build in the U.S. was not an easy one, but we’ve always believed in doing things the right way. This outcome is a step toward a future where builders can focus on what matters: pushing the boundaries of blockchain innovation. As regulatory clarity improves, we hope to see more innovative teams staying and thriving in the U.S., contributing to a more robust and open crypto ecosystem. Onward and forward.”

 

Following the announcement, ApeChain’s Business Development Lead and former Horizen Labs VP of Ecosystem Growth, Blockchainzilla, weighed in on the SEC decision and congratulated everyone who stood up to the agency.

 

“Once again, there never should have been an investigation to begin with,” he tweeted. “That said, major kudos to the teams at Yuga, Horizen, and all the others who stood up and fought. Let's build.”

 

 

Horizen Labs’ announcement marks the second major regulatory win for the Yugaverse in just a week.

As the Bored Ape Gazette previously reported, Yuga Labs announced that the SEC had closed its investigation into them, determining that NFTs are not securities.

“After 3+ years, the SEC has officially closed its investigation into Yuga Labs,” Yuga Labs tweeted. “This is a huge win for NFTs and all creators pushing our ecosystem forward. NFTs are not securities.”

 

"As a core contributor to @ApeCoin’s development, Horizen Labs has always been committed to innovation, transparency, and compliance,” Horizen Labs tweeted after the investigation into Yuga Labs was closed. "This resolution is not just a milestone for @yugalabs, for us, and for everyone else who helped build the Ape ecosystem - it's a significant win for the broader Web3 ecosystem, reinforcing the legitimacy of decentralized projects and their builders. We remain dedicated to driving Web3 forward with technology that empowers open and decentralized systems. Onward and forward.”

 

 

The Bored Ape Gazette will continue to follow all things Horizen Labs and ApeCoin and will keep you posted on how this investigation’s closure impacts ApeChain moving forward. Stay tuned for updates!