Ondo Finance confirms a confidential SEC probe into its RWA tokenization ended without charges, easing compliance concerns in a challenging U.S. regulatory climate.
Ondo Finance announced that a confidential U.S. Securities and Exchange Commission (SEC) investigation into its real-world asset tokenization practices concluded without any charges. The probe, initiated in 2024 under the Biden administration, assessed compliance with federal securities laws and whether ONDO tokens were considered securities. Following the closure, ONDO gained 6%, signaling improved investor confidence amid a turbulent U.S. crypto regulatory environment.