- ONDO jumps 9.6% as tokenized equities plan gains traction in SEC discussions.
- SEC reviews Ondo’s sandbox plan to launch wrapped stocks using compliant tools.
- Trading volume and RSI confirm ONDO’s breakout above resistance as demand returns.
The U.S. Securities and Exchange Commission’s Crypto Task Force met with representatives from Ondo Finance and Davis Polk to review regulatory concerns related to tokenized U.S. equities. The session explored how Ondo intends to issue wrapped, tokenized versions of publicly traded securities through compliant infrastructure.
SEC Discloses Meeting with Ondo Over Tokenized Assets
According to an update published by the Commission, the April 24 meeting focused on compliance frameworks for asset tokenization and regulatory sandbox exploration. The agency confirmed the presence of Ondo executives and Davis Polk attorneys during the in-person discussion, while additional legal representatives joined remotely. A formal request submitted by Ondo prompted the meeting, which followed standard engagement procedures, as stated in an update by the SEC.
The detailed agenda included six items ranging from registration and broker-dealer rules to corporate law and financial crimes compliance. Ondo’s legal team emphasized structuring models that align with U.S. securities laws, anticipating an eventual offering of on-chain instruments tied to real-world equity exposure. The Commission acknowledged ongoing efforts to assess frameworks enabling compliant token issuance at the national level.
Ondo Plans Asset-Backed Token Rollout Amid Market Shift
A report by Crypto Seth noted that Ondo intends to launch wrapped securities under a model that includes fully collateralized equity representation, centralized custody, and broker-dealer collaboration. The assets will reflect U.S.-listed stocks, offering digital exposure while remaining within institutional compliance bounds. Custodial safeguards and Know Your Customer (KYC) protocols will underpin the entire issuance pipeline.
Moreover, Ondo executives proposed phased sandbox testing to evaluate both the trading infrastructure and the compliance response. This includes using dedicated permissioned smart contracts, structured liquidity mechanisms, and dedicated legal entities to manage equity-linked tokens. The company aims to align its model with the growing demand for tokenized real-world assets (RWAs) and digital securities platforms.
ONDO Price Breaks Out as Momentum Builds Around SEC Talks
ONDO surged 9.62% to $1.0039 on Coinbase, according to TradingView data, showing renewed strength following its all-time high earlier this year. The daily chart shows a clean break above the EMA cluster, with short-term EMAs curling upward and the RSI nearing 70, indicating growing bullish sentiment.
Volume reached 43.21 million on the day of the breakout, confirming strong participation as the token moved out of the $0.85 resistance range. Key zones are now marked with “CHoCH” and “BOS” visuals, with support locked between $0.67–$0.85 and a premium resistance range set from $1.50–$2.15.
