ONDO Token Jumps 17% Post-SEC Meeting: Regulatory Breakthrough Sparks Rally
ONDO Finance’s token surged 17% following a pivotal meeting with the SEC’s crypto task force, led by Commissioner Hester Peirce. The discussion focused on regulatory frameworks for asset tokenization and blockchain compliance, signaling potential sandbox solutions to bridge innovation with existing financial regulations.
The price rally pushed ONDO past $1, achieving a $3 billion valuation for the first time since March. Institutional interest grows as the project demonstrates commitment to compliant, blockchain-based financial infrastructure.