Ondo Finance Urges SEC to Establish Clear Rules for Digital Asset Securities
Ondo Finance has submitted a regulatory roadmap to the U.S. Securities and Exchange Commission (SEC), advocating for clear guidelines on digital asset securities. The firm argues that tokenized treasuries and similar products can operate safely within existing securities regulations.
The filing emphasizes the need for regulatory flexibility, particularly in recognizing both permissioned and public, permissionless blockchains. Ondo believes such frameworks WOULD foster innovation while maintaining investor protection.
Tokenized U.S. Treasuries represent a modernized FORM of traditional securities, according to the submission. The company contends these assets should be regulated under adjusted versions of current frameworks rather than entirely new rules.