Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities

Share This Post

Ondo Finance and legal counsel from Davis Polk & Wardwell met with the US Securities and Exchange Commission’s Crypto Task Force on April 24 to discuss regulatory pathways for tokenized versions of publicly traded US securities, according to a memorandum reviewed by the agency’s staff.

The meetings focused on structuring options and regulatory considerations for issuing tokenized securities, particularly those referencing assets such as US equities and fixed-income instruments.

The topics listed revealed that Ondo’s presentation addressed regulatory challenges, including registration requirements, broker-dealer obligations, market structure rules, financial crimes compliance, and the application of state corporate laws. 

The firm proposed a discussion on structuring approaches that would allow for the compliant issuance and distribution of tokenized securities while exploring possibilities for participating in a regulatory sandbox or targeted relief.

Additionally, Ondo’s legal team outlined key considerations around investor protection, anti-money laundering compliance, and the application of the Exchange Act to token-based issuance models.

Expanding institutional-grade tokenization

The initiative marks another step in Ondo’s broader push to integrate traditional financial assets into blockchain-native environments. The firm currently manages over $1 billion in tokenized products, representing 16.4% of the $6.15 billion tokenized US Treasuries market.

The Ondo Short-Term US Government Bond Fund (OUSG) is a blockchain-based fund that tokenizes exposure to short-term US Treasuries. Its primary backing is the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), and the fund aims to deliver yield while maintaining liquidity at all times.

Meanwhile, a combination of short-term Treasuries and demand deposits held with banks secures Ondo’s US Dollar Yield Token (USDY). 

Designed to mimic the accessibility of stablecoins, USDY targets non-US investors seeking exposure to US dollar-denominated returns without using traditional financial intermediaries.

Both products represent a growing asset class within tokenized finance, consisting of applying blockchain infrastructure to wrap and manage real-world securities in a digitally native format.

SEC engagement

The meeting represents part of a broader industry effort to seek clarity on regulatory guidelines since SEC leadership changed in January.

Since creating its Crypto Task Force on Jan. 21, the regulator has held 81 meetings with key figures from the crypto industry. The meetings involved discussions around a wide range of subjects, including implementing staking in exchange-traded products (ETPs) and the impact of market manipulation on centralized platforms.

These movements highlight how the regulator is now open to engaging with the crypto industry under the President Donald Trump administration.

The post Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

By betting against James Wynn, this trader made $17 million in under a week

A crypto trader has quietly earned over $17 million by consistently betting against one of Hyperliquid’s most-watched figures, James Wynn, whose high-risk strategy backfired with nearly $100

Bitcoin ETFs See $9 Billion Inflows Amid Escalating Shift Away From Gold

Recent trends in the Bitcoin ETFs market reveal a significant shift in investor sentiment, with funds flowing into BTC exchange-traded funds while gold-backed funds experience notable outflows 

FTX Gets Hollywood Treatment With Julia Garner as Caroline Ellison in Netflix Series

Netflix will release a limited series dramatizing the rise and fall of cryptocurrency exchange FTX and its leaders, Sam Bankman-Fried (SBF) and Caroline Ellison ‘The Altruists’ to Explore $8B FTX

Justin Sun Meets Trump: Is This the Inflection Point for $HTX and $TRX in the Crypto Power Game?

This content is provided by a sponsor In May 2025, a headline went viral on social media, sending ripples of excitement through the crypto space: Justin Sun—founder of TRON, advisor to HTX, and the

Bipartisan Support For Crypto: CLARITY Act Introduced By Rep. French Hill

On May 29, House Financial Services Committee Chairman French Hill (R-AR) introduced the Digital Asset Market Clarity (CLARITY) Act, a pivotal piece of legislation aimed at establishing a regulatory

After 10 Years, Ross Ulbricht Speaks Out: ‘Bitcoin Doesn’t Work Without Freedom’

Ross Ulbricht delivered his first live public speech on May 29 since being granted a full presidential pardon by Donald Trump earlier this year Silk Road Creator Ross Ulbricht Delivers First Live
You have not selected any currencies to display