Ondo Finance conducted a meeting with the SEC Crypto Task Force on April 24, 2025, to discuss regulatory paths for tokenized U.S. securities.
Meeting with SEC on Tokenization
The Ondo Finance meeting with the SEC Crypto Task Force took place on April 24, 2025. The discussions revolved around possible ways for clearer regulation of tokenized U.S. securities. CEO Nathan Allman and representatives presented structural and legal models to the SEC.
Expected Regulatory Changes
The meeting addressed the need for simplification in registration processes and broker requirements, as well as alignment with existing market structure regulations. Ondo's proposed regulatory sandbox may assist in developing new standards in this field.
Market Response to Ondo's Initiatives
According to CoinMarketCap data on April 25, 2025, the market capitalization of the Ondo token reached $3.20 billion, with trading volume soaring by 148.11%. The ONDO price increased by 14.84%, indicating positive market sentiment towards the company's initiatives.
The meeting with SEC and discussions on tokenization open new prospects for asset regulation in the crypto industry, which may help enhance investor trust.
