What Regulatory Exemption Is Commonly Used for Selling a SAFT to US Investors?

The regulatory exemption most commonly used for selling a SAFT (Simple Agreement for Future Tokens) to US investors is Regulation D, specifically Rule 506(c). This rule allows issuers to broadly solicit and advertise the offering, provided that all purchasers are "accredited investors" and the issuer takes reasonable steps to verify that status.

By using this exemption, the SAFT itself is treated as a security, allowing the issuer to raise capital while maintaining compliance with SEC registration requirements for private offerings.