ONDO Soars as SEC Closes Probe, Signaling Regulatory Thaw for Tokenized Assets

The U.S. Securities and Exchange Commission (SEC) has closed its two-year investigation into ONDO Finance without taking enforcement action, marking a pivotal moment for the regulation of tokenized assets. The probe, initiated under former Chair Gary Gensler, had scrutinized whether Ondo's tokenized Treasury products and its ONDO token violated securities laws.

Ondo's clearance coincides with a broader SEC retreat from aggressive crypto enforcement under new leadership. The agency has recently dropped or settled high-profile cases against firms like Coinbase, Ripple, and Kraken, signaling a potential policy shift.

With this key regulatory hurdle removed, Ondo is moving to expand its U.S. presence through the acquisition of broker-dealer Oasis Pro. The deal provides critical infrastructure for compliant tokenized securities offerings. The news sparked a 6.12% rally in the ONDO token to $0.4879, as investors welcomed the reduced regulatory overhang.