Ondo Finance to SEC: Hold Off on Nasdaq’s Tokenized Securities Plan

Ondo Finance Requests SEC to Delay Nasdaq's Tokenized Stocks Plan

The post Ondo Finance Requests SEC to Delay Nasdaq’s Tokenized Stocks Plan appeared on BitcoinEthereumNews.com. Key Points: Ondo Finance requests SEC to delay Nasdaq’s tokenized securities proposal. Transparency concerns cited by Ondo Finance over DTC’s settlement system. No public response from Nasdaq or DTC at this time. Ondo Finance has formally requested the U.S. SEC to delay or reject Nasdaq’s tokenized securities proposal, citing inadequat…

Ondo Warns SEC of ‘Unfair Edge’ in Nasdaq Tokenized Stock Plan

Blockchain Firm Questions Nasdaq’s Transparency Ondo Finance has asked the U.S. Securities and Exchange Commission to delay or reject Nasdaq’s proposal to trade tokenized securities, arguing that the exchange has not provided enough detail about how its post-trade system would work. The blockchain firm warned that the plan could give established market players an unfair advantage. In a letter sent to the SEC, Ondo said regulators and investors c…

Ondo Finance Asks SEC to Halt Nasdaq's Proposal for Tokenized Securities - The Cryptocurrency Post

Ondo Finance, a firm specializing in real-world assets (RWA), has formally requested a delay or rejection of Nasdaq’s proposal for tokenized securities from the U.S. Securities and Exchange Commission (SEC). The company argues that the stock exchange giant’s filing lacks crucial transparency. This information comes from an official letter sent by Ondo Finance to the U.S. regulator this Wednesday. The core of Ondo’s objection lies in the plan’s r…

Ondo Calls on SEC to Halt Nasdaq’s Tokenized Stock Launch

Amid the rapid evolution of digital assets, traditional stock exchanges are increasingly exploring the integration of blockchain and tokenization. Nasdaq’s recent proposal to enable trading of tokenized securities has sparked regulatory debate, with industry players calling for greater transparency. As platforms like Robinhood, eToro, and Kraken push forward with their own tokenized offerings, discussions around fair access and regulatory oversi…

Ondo Finance to SEC: Hold off on Nasdaq’s tokenized securities plan

Ondo Finance has asked the SEC to postpone Nasdaq’s proposal to trade tokenized securities, arguing it relies on undisclosed DTC settlement details that could give larger firms an unfair edge.