According to the company, MegPrime will debut in the coming weeks as an SEC-approved payment and rewards token, offering rebates and housing-related benefits without securities rights.
Megatel Homes has confirmed that its MegPrime token will launch within weeks, following a no-action letter from the U.S. Securities and Exchange Commission. The cryptocurrency is designed solely for payment and rewards, enabling use at merchants for rebates, discounts, and housing-related points. MegPrime will carry no securities rights, differentiating it from investment-focused digital assets.