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The Rise of Ondo Finance: RWAs, the SEC and Wall Street 2.0

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by Giorgi Kostiuk

a day ago


Ondo Finance is actively developing the Real-World Assets (RWA) sector and is claiming its role in transforming the landscape of digital finance. Discussions with the SEC and the launch of projects like Wall Street 2.0 highlight its ambitions.

Ondo Finance and the SEC

Ondo Finance is in talks with the SEC's Crypto Asset Working Group, focusing on tokenization and the future of digital asset regulation. The team recently met with the SEC to discuss compliance paths and develop a comprehensive regulatory framework.

> "The Ondo Finance team is in DC today meeting with the SEC to discuss tokenization and the future of digital asset regulation." - CITE_NA

Wall Street 2.0

The Wall Street 2.0 project by Ondo Finance aims to provide access to global markets using tokenized assets. The unique platform is scheduled to launch with tokens backed by stocks and bonds, thus bridging traditional financial practices with decentralized finance.

The $ONDO Price

The current price of the $ONDO token is about $1, corresponding to a market cap of $3.1 billion. Recently, it has shown a 21% increase, and forecasts indicate further growth potential. Analysts predict that the price could reach up to $4 if current trends continue.

Ondo Finance continues to rapidly develop its initiatives, engaging with the SEC and launching ambitious projects at the intersection of traditional and digital finance. Recent events underscore its growing authority and potential in the RWA sector.

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