Megatel Homes’ Crypto Token Wins SEC No-Action Letter

Texas-based homebuilder Megatel Homes is stepping into uncharted territory at the intersection of construction and cryptocurrency, announcing plans to launch a proprietary digital token designed for home payments and customer rewards. First reported by Reuters, the initiative marks one of the clearest examples yet of a traditional construction firm integrating blockchain-based payments into real estate transactions — with a critical regulatory signal from the U.S. Securities and Exchange Commission.

Courtesy: Photo by  Greyson Joralemon on Unsplash

In March 2025, Megatel disclosed that it intends to issue the token as a functional payment and loyalty tool rather than a speculative investment product. The SEC reinforced that positioning…

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