Ondo Finance Surges as CEO Engages with SEC on Tokenized Securities Framework
Ondo Finance (ONDO) maintains its upward momentum from the previous session, currently trading above $0.96 and displaying a sharp spike of
Quick overview
- Ondo Finance (ONDO) is currently trading above $0.96, experiencing a nearly 9% increase in the last 24 hours.
- CEO Nathan Allman led a delegation at an SEC conference discussing regulatory policies for tokenized securities, highlighting Ondo's commitment to compliant innovation.
- The ONDO token price surged past $1 following news of the SEC's involvement, marking a significant milestone for Ondo's market value.
- Technical indicators suggest further growth for ONDO, with potential resistance levels identified at $1.09 and $1.20.
Ondo Finance (ONDO) maintains its upward momentum from the previous session, currently trading above $0.96 and displaying a sharp spike of almost 9% in 24 hours. Between Ondo’s leadership and the U.S. Securities and Exchange Commission (SEC) on the direction of tokenized securities, this rise is accompanied by notable regulatory interaction.
Leading a delegation from Ondo Finance at a conference with the Crypto Task Force of the SEC on April 24, 2025, CEO Nathan Allman spoke on regulatory policies for issuing tokenized versions of publicly traded US assets. Delegates from legal firm Davis Polk & Wardwell LLP attended the seminar, which addressed significant concerns of including conventional securities into blockchain-based systems ensuring compliance with current financial regulations.
Ondo’s Strategic Regulatory Discussions Target Compliant Innovation Pathways
Emphasizing tokenized securities structuring models, registration requirements, broker-dealer responsibilities, financial crime compliance, and market structure laws, covering a broad agenda, Along with CEO Allman, Ondo’s team—which includes General Counsel Mark Janoff and Chief Strategy Officer Ian De Bode—suggested several approaches for the tokenized securities issuing and distribution.
The discussion mostly focused on prospective sandbox settings or other type of regulatory relief that would permit innovation inside present compliance systems. This approach shows Ondo’s commitment to provide institutional-grade tokenization solutions based on the legal needs-met advantages of blockchain technology.
One industry expert engaged in the discussions said, “The conference suggests rising regulatory interest on efforts to merge traditional securities into blockchain-based systems while maintaining compliance with existing financial legislation.”
Ondo’s Growing Role in Real-World Asset Tokenization
Ondo Finance has positioned itself as a leader in bridging distributed finance (DeFi) and traditional finance by tokenizing real assets. Comprising 16.4% of the $6.15 billion tokenized U.S. Treasuries market, the company currently manages around $1 billion in tokenized products.
Two key products highlight Ondo’s asset tokenizing approach:
- Mostly funded by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), the Ondo Short-Term U.S. Government Bond Fund (OUSG) tokenizes exposure to short-term US Treasuries by means of a blockchain.
- USDY: Yield Token for the US Dollar Targeted non-US investors seeking dollar-denominated profits without traditional financial middlemen, this product is guaranteed by demand deposits maintained with banks mixed with short-term Treasuries.
Market Response: ONDO Token Breaks Key Resistance Levels
News of the SEC’s involvement excited the market; soon after the meeting was leaked, the ONDO token price jumped over 7% to reach the psychologically critical $1 milestone. This rise, for the first time in 50 days, put Ondo’s market value above $3 billion, therefore attesting to a significant project milestone.
Technical analysts point to the token’s obvious ascent over the 50-day and 100-day simple moving averages as evidence of mounting momentum. Suggested increasing purchasing pressure as the price increases, the Bull and Bear Power indicator showed with its highest positive score since early March.
Ondo Price Prediction: Technical Indicators Point to Further Growth
Technical analysis suggests Ondo might remain rising in the next weeks as the token moves out from its phase of consolidation. A daily closing over $0.98 could signal the beginning of a rising trend with chance for a 21% increase that could force ONDO to test resistance at $1.18. Support is centered around $0.81; the $1.06 level acts as intermediate resistance.
Last touched in early March, the next significant upward goal is $1.09 representing a convergence zone with the 200-day simple moving average. A breakthrough at this level could speed the path to the $1.20 aim.
Especially with the leadership change at the SEC in January 2025, the SEC conference reflects part of a more general industry effort to get regulatory clarity in the crypto domain. Establishing its Crypto Task Force on January 21, the regulator has 81 meetings with powerful bitcoin industry participants covering concerns such market manipulation on centralized platforms and staking in exchange-traded products.
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