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What the End of the SEC’s Ondo Finance Investigation Means for Tokenized Assets
Yahoo Finance· 2025-12-08 16:43
Core Viewpoint - The SEC has closed its investigation into Ondo Finance without recommending any charges, allowing the company to expand its operations in the U.S. as interest in asset tokenization grows [1][2]. Group 1: SEC Investigation Closure - The SEC's investigation into Ondo Finance began in October 2023 to assess compliance with securities laws under former Chair Gary Gensler [2]. - The closure of the investigation reflects a shift in the SEC's enforcement posture under current Chair Paul Atkins, moving towards a more pro-crypto direction [3]. - Ondo Finance is now added to a list of closed cases by the SEC, which includes other notable firms like Coinbase, Ripple, and Kraken [3]. Group 2: Institutional Interest and Market Trends - There is heightened institutional interest in asset tokenization, with the SEC's recent activities indicating a shift in regulatory attitudes towards equity tokenization [4][5]. - Tokenized US Treasuries are emerging as one of the fastest-growing on-chain asset categories, attracting global investor interest [6]. - The SEC's Investor Advisory Committee recently held a panel discussing the modernization of public equity issuance and trading through distributed ledgers, marking a departure from previous enforcement-focused strategies [5]. Group 3: Ondo Finance's Future Plans - The closure of the SEC investigation allows Ondo Finance to proceed with its plans to expand U.S. operations, supported by its acquisition of Oasis Pro, a broker-dealer and ATS operator [7]. - Ondo Finance is set to host its annual Ondo Summit in New York in February, where it will outline new tools and products focused on real-world asset tokenization [7].