ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC
- Ondo met with the SEC to discuss tokenizing U.S. financial assets legally.
- $ONDO surged past $1 with $446M in trading volume.
- Ondo could lead in tokenized stocks if approval is granted.
On April 24, 2025, Ondo Finance met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss its plan to tokenize U.S. securities. In simple terms, Ondo wants to bring real-world financial assets like publicly traded stocks onto the blockchain, and this meeting was about finding a way to do it legally.
Regulatory Discussions Gain Traction
During the meeting, both parties discussed key issues including the legal classification of tokenized securities, the required approvals, compliance with existing market regulations, and strategies to prevent financial crimes.
Getting direct engagement with the SEC is a significant step for Ondo, especially when many crypto projects find regulatory dialogue challenging. It also shows growing institutional interest in bridging the gap between blockchain innovation and traditional finance.
Related: Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO
$ONDO Token Surges Past $1 F…
The post ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC appeared first on Coin Edition.
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ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC
- Ondo met with the SEC to discuss tokenizing U.S. financial assets legally.
- $ONDO surged past $1 with $446M in trading volume.
- Ondo could lead in tokenized stocks if approval is granted.
On April 24, 2025, Ondo Finance met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss its plan to tokenize U.S. securities. In simple terms, Ondo wants to bring real-world financial assets like publicly traded stocks onto the blockchain, and this meeting was about finding a way to do it legally.
Regulatory Discussions Gain Traction
During the meeting, both parties discussed key issues including the legal classification of tokenized securities, the required approvals, compliance with existing market regulations, and strategies to prevent financial crimes.
Getting direct engagement with the SEC is a significant step for Ondo, especially when many crypto projects find regulatory dialogue challenging. It also shows growing institutional interest in bridging the gap between blockchain innovation and traditional finance.
Related: Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO
$ONDO Token Surges Past $1 F…
The post ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC appeared first on Coin Edition.
Read More