Ondo Finance’s native token climbed on Monday after the U.S. Securities and Exchange Commission (SEC) closed a confidential investigation into the platform, removing a key regulatory overhang for tokenized real-world assets (RWA).
The probe, launched in 2024 under former SEC Chairman Gary Gensler, examined whether Ondo’s tokenization of certain assets complied with federal securities laws and whether the ONDO token constituted a security. The investigation concluded without any charges, the company announced on X.
“With the investigation now closed, the path is clear for Ondo and the tokenization of assets,” an Ondo spokesperson said.
The decision reflects a broader easing of regulatory pressure on digital-asset platforms under the current SEC leadership. New Chairman Paul Atkins has highlighted tokenization as a major innovation for capital markets, noting in a FOX Business interview that tokenized assets could transform the financial system over the coming years by improving liquidity, transparency, and market access.
