The SEC has ended its two-year investigation into Ondo
2025-12-08 12:55:17
The Securities Exchange Commission (SEC) has concluded its two-year investigation into tokenization firm Ondo Finance without recommending any charges. The investigation, which began in October 2023, focused on whether Ondo complied with U.S. securities laws when it tokenized U.S. Treasury products and whether ONDO tokens should be classified as securities. An Ondo spokesperson said the company received a formal notice at the end of November confirming that the investigation was closed. This marks yet another reversal of Biden-era regulatory action against digital asset firms. Since pro-cryptocurrency SEC Chairperson Paul Atkins took office, the agency has closed most crypto-related investigations and dropped multiple high-profile cases against companies such as Coinbase, Ripple, and Kraken.
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