Ondo Seeks SEC No-Action Relief for Ethereum-Based Tokenized Equities Model

Ondo Finance Files SEC No-Action Request to Bring Tokenized Securities to Ethereum Mainnet – #CryptoUpdatesGNIT

TLDR: Ondo Finance filed an SEC no-action request to tokenize securities entitlements on Ethereum Mainnet for OGM products. The filing keeps official books and records intact while adding a targeted tokenized layer for operational efficiency. BitGo will serve as custodian for tokenized securities entitlements under the proposed Ondo Global Markets model. Ondo aims to improve collateral monitoring, redemption workflows, and reconciliation without…

Ondo Files No-Action Request With SEC Over Ethereum Tokenized Equities Model

Ondo Finance has asked the SEC for a no-action letter to use Ethereum for recording securities entitlements on its Ondo Global Markets platform for non-U.S. investors.

Ondo Seeks SEC No-Action Relief for Ethereum-Based Tokenized Equities Model

The post Ondo Seeks SEC No-Action Relief for Ethereum-Based Tokenized Equities Model appeared on BitcoinEthereumNews.com. Bhushan is a FinTech enthusiast and possesses a strong aptitude for understanding financial markets. His interest in economics and finance has drawn his attention to the emerging Blockchain Technology and Cryptocurrency markets. He holds a Bachelor of Technology in Electrical, Electronics, and Communications Engineering. He i…

Ondo Finance Seeks SEC Clarity on Ethereum-Based Securities Model

Ondo seeks SEC confirmation for Ethereum-based securities recordkeeping without legal changes. Proposal keeps custody and ownership off-chain while adding blockchain for operations. SEC response could shape how tokenized securities fit within existing frameworks. Ondo Finance has formally asked the U.S. Securities and Exchange Commission to confirm whether a proposed blockchain-based framework tied to its Global Markets platform would avoid enfo…

Ondo Global Markets Asks SEC for Clarity on Tokenization

We submitted a no-action request to the SEC related to Ondo Global Markets. The request is narrow. It does not ask the SEC to rewrite securities law or approve every form of tokenized security. It asks for confirmation that SEC staff would not recommend enforcement action if we proceed with a specific model for recording and administering certain securities entitlements in tokenized form on Ethereum Mainnet in support of OGM products. The reason…

Ondo Finance Seeks SEC No-Action to Integrate Blockchain Into Securities Infrastructure – Regulation Bitcoin News - Invest In Crypto News

Key Takeaways: Ondo Finance seeks SEC no-action relief for tokenized securities model on Ethereum. Structure improves utility without altering existing legal framework for securities. Bitgo custody supports tokenized entitlements on Ethereum for operational processes. Ondo Finance Advances Blockchain-Integrated Recordkeeping Model Blockchain integration into regulated securities markets is advancing toward architectures that combine traditional …