Ondo Finance posted on the X platform that it will list tokenized stocks on September 3. Previously, Ondo Finance announced that it will launch Ondo Global Markets, an on-chain US stock platform, this summer, which will initially upload more than 100 US stocks and expand to thousands by the end of the year.
The Securities Exchange Commission released a memo stating that Ondo Finance and representatives from Davis Polk & Wardwell LLP met with the Securities Exchange Commission (SEC) Crypto Working Group to discuss a compliance path for the issuance and sale of tokenized U.S. securities. Topics include structural models for tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate law. Ondo Finance proposes to seek regula...
According to Decrypt, the leadership of the Securities Exchange Commission (SEC) said on Friday that it will consider establishing a regulatory sandbox for digital assets, allowing cryptocurrency exchanges to freely experiment in new areas, including the possible opening of tokenized securities exchanges.