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RWA Protocol Ondo Finance Cleared by SEC Ahead of New York Summit


RWA Protocol Ondo Finance Cleared by SEC Ahead of New York Summit

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AI Overview

The SEC closed its two-year investigation into Ondo Finance without any charges, providing regulatory clarity for its tokenization model. ONDO’s price analysis shows a falling wedge, with key resistance at $0.78 and support at $0.39, indicating potential growth opportunities.

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  • The SEC has closed its two-year investigation into Ondo Finance without filing charges.
  • ONDO’s price chart shows a falling wedge nearing completion.
  • Traders are watching resistance at $0.78 and support at $0.39.

Ondo Finance (ONDO) has confirmed that the Securities and Exchange Commission (SEC) formally closed a confidential investigation that began two years ago and ended the probe without charges.

For Ondo, this outcome establishes clarity around the legality of its tokenization model and strengthens its path forward in the American regulatory landscape.

Ondo Prepares for Growth

The inquiry began during the previous administration, which had a very anti-crypto stance. Policymakers at the time often viewed digital assets as risking because of high-profile exchange failures and protocol crashes.

Even firms dealing with highly secure traditional instrumen…

Read The Full Article RWA Protocol Ondo Finance Cleared by SEC Ahead of New York Summit On Coin Edition.

Read the article at CoinEdition

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