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Ondo Finance Urges SEC to Halt Nasdaq’s Tokenized Stock Trading Plan

Ondo Finance Urges SEC to Halt Nasdaq’s Tokenized Stock Trading Plan

Author:

Global Cryptocurrency

Published:

2025-10-18 08:36:02

7

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BTCCSquare news:

ONDO Finance has formally requested the U.S. Securities and Exchange Commission to intervene in Nasdaq's proposed tokenized stock trading platform. The decentralized finance protocol argues the initiative requires deeper regulatory scrutiny before implementation.

The move highlights growing tensions between traditional finance's blockchain ambitions and DeFi purists. Ondo's letter suggests tokenized equities could create systemic risks without proper safeguards, echoing concerns voiced during previous crypto market upheavals.

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