Reddit cofounder Alexis Ohanian has joined up with Frank McCourt and “Shark Tank” star Kevin O’Leary on their bid to acquire TikTok from its Chinese parent company ByteDance, the group announced

Alexis Ohanian has joined the “People’s Bid” consortium led by billionaire Frank McCourt that intends to redesign the popular social app using blockchain technology.

"TikTok has been a game-changer for creators, and it's future should be built by them," Ohanian wrote in an X post.