Ondo seeks SEC clearance for tokenized equities model on Ethereum
The Block
Ondo Finance has requested SEC confirmation to ensure its Ethereum-based tokenized equity model complies with regulatory standards.Summary
Ondo Finance is seeking a no-action letter from the U.S. Securities and Exchange Commission regarding its platform, Ondo Global Markets. The proposed model uses Ethereum to track securities entitlements for tokenized notes, allowing non-U.S. investors access to U.S.-listed stocks and ETFs held by Alpaca. This initiative arrives amid a shift in regulatory tone, as U.S. officials show increasing openness to tokenization.
(Source：The Block)