Ondo filed a non-enforcement request with the U.S. Securities and Exchange Commission.

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Ondo Finance announced that it has submitted a no-action request to the U.S. Securities and Exchange Commission (SEC) regarding its Ondo Global Markets (OGM) product, seeking regulatory confirmation that recording a portion of securities equity in tokenized form on the Odaily under a specific model will not pose enforcement risks. Ondo stated that introducing on-chain recording helps improve collateral monitoring efficiency, optimize redemption processes, and simplify the reconciliation system. Essentially, it optimizes the existing product's operational layer rather than restructures the market. Under compliant conditions, public blockchain infrastructure can operate collaboratively with traditional systems.

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