Ondo Finance Surges to $3B Market Cap Amid SEC Talks on Tokenized Securities
Ondo Finance’s market capitalization has eclipsed $3 billion following a pivotal meeting between CEO Nathan Allman and the U.S. Securities and Exchange Commission. The discussions centered on regulatory frameworks for tokenized U.S. securities, with a focus on registration requirements, broker-dealer rules, and compliant issuance models.
The firm proposed regulatory sandbox options to balance innovation with compliance, signaling a potential paradigm shift in digital asset regulation. Ondo’s native token surged past $1 in tandem with the news, reflecting market Optimism about institutional progress in crypto.