SEC Clears Ondo Finance, Boosting Tokenization in US

Ondo Finance, a pioneer in Ethereum-based tokenization, receives a clean bill of health from the SEC, marking a significant shift in regulatory stance towards digital assets. The company, which focuses on creating regulated financial products, saw its token value rise following the closure of a years-long investigation. The SECs new chair, Paul Atkins, even hinted at the potential for blockchain-based financial markets in the near future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.