CASPER, WY — [May 5, 2025] — Wyoming Stable Token Commission (WYST) Executive Director Anthony Apollo has offered his public support for Rasner Media’s $47.45 billion proposal to acquire TikTok’s U.S. operations, citing the potential to revolutionize both digital payments and Wyoming’s position in the global fintech ecosystem.
Reid Rasner's proposal to integrate Wyoming Stable Tokens into the TikTok platform can align digital payments with the way social media itself should work — distributed, and peer-to-peer. This initiative has the potential to jumpstart WYST through an introduction to almost two billion users, and Wyoming’s economy can greatly benefit as a result. Our team is excited for the prospect to work with Reid and a pro-digital asset administration in DC to make this opportunity a reality.
Anthony Apollo, Executive Director, Wyoming Stable Token Commission
Apollo, who previously founded a company focused on real-time payments for digital multimedia, sees WYST’s use on a platform like TikTok as a natural extension of his past work and Wyoming’s digital leadership.
The Wyoming Stable Token is a legally mandated initiative by the Wyoming Legislature. It is designed to facilitate instant, low-fee, fully collateralized dollar-denominated transactions. Backed by U.S. Treasuries and designed to benefit Wyoming’s public school foundation fund, WYST is emerging as a model for how states can innovate responsibly in the digital asset space.
As federal scrutiny around foreign-owned platforms continues to rise, Rasner Media has committed to restoring trust and safety in American social media. Embedding WYST within TikTok would reinforce that mission by offering creators and users a transparent, low-cost, privacy-forward payment system governed by public law.
WYST and Rasner Media will now explore technical and regulatory pathways to a successful integration, pending acquisition approval and federal regulatory review.
About the Wyoming Stable Token Commission
Established in March 2023 under the Wyoming Stable Token Act, the Commission is tasked with issuing fully-backed stablecoins that align with state laws and fiscal responsibility. Its mission is to enhance financial transparency while driving economic growth through blockchain innovation.
Anthony J. Apollo was appointed as the inaugural Executive Director of the Wyoming Stable Token Commission in September 2023. Director Apollo brings his prior experience in both traditional finance (KPMG, EY) and digital assets (ConsenSys, Rensa) to the development of the first fiat-backed and fully-reserved stable token issued by a public entity in the United States. Prior to his tenure, Anthony launched blockchain-native projects around intellectual property, debt securities, multimedia licenses, and real-time payments.
Director Apollo’s opinions are his own and do not represent those of the Wyoming Stable Token Commission.
About Rasner Media
Rasner Media remains the only bidder highlighted by President Trump on Truth Social, has secured the necessary funding for a 47.45 billion dollar offer for the U.S. division of TikTok, and remains committed to securing our data, protecting our freedoms, and ensuring China will no longer have a backdoor to our lives, data, and devices.