CZ says Memestock model must ensure issuers can meet obligations

Changpeng Zhao, widely known as CZ, said in a post on X that the Memestock model is novel, but it needs a structure that ensures issuers can fulfill their obligations. The post was brief and did not include additional details on what those obligations would cover or how such compliance should be enforced. The remark came directly from Zhao’s X account and focused on the basic condition he sees for this model: novelty alone is not enough if the issuing side cannot carry out its responsibilities. No further explanation, timeline, or implementation framework was provided in the original post.