Ondo has submitted a roadmap for tokenized securities to the SEC, calling for relaxation of three on-chain ownership models.

This article is machine translated
Show original

According to Foresight News , Ondo Finance announced that it has submitted its roadmap for tokenized securities to the U.S. Securities and Exchange Commission (SEC). The company stated that direct registration, beneficial ownership, and packaged and associated securities ownership models all coexist in today's financial markets and play important roles on-chain. In the letter, Ondo urged the SEC to allow these three models by: 1. Supporting direct and intermediary ownership models; 2. Accepting permissioned, permissionless, and hybrid blockchains; 3. Providing targeted regulatory clarity for transfer agent-based tokenization; and 4. Allowing broader tokenization of securities held in DTCs. Ondo looks forward to supporting the SEC in providing further support for tokenized securities.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments