SEC Concludes Ondo Finance Probe Without Action, Boosting U.S. Tokenization Efforts
The U.S. Securities and Exchange Commission has ended its two-year investigation into ONDO Finance without enforcement action, removing a key regulatory hurdle for the tokenization firm. The decision signals growing acceptance of digital asset innovation under SEC Chair Paul Atkins.
Ondo's review focused on whether its tokenized U.S. Treasury products and native Ondo token complied with securities laws. The resolution provides clarity for the company's expansion plans, including its recent registration as an investment advisor and acquisition of Oasis Pro.
The outcome reflects a broader shift at the SEC, which has quietly closed multiple crypto-related investigations since Atkins took leadership. Market participants view this as a positive development for tokenization of traditional assets.
