Ondo Finance: The SEC has concluded its investigation and has not brought any charges

Ondo Finance stated that the U.S. Securities and Exchange Commission (SEC) has concluded its years-long confidential investigation into its tokenization company without bringing any charges. Ondo Finance claims this is an important step for tokenized securities in the United States.

The investigation was initiated against the backdrop of intensified scrutiny of digital asset regulation during the Biden administration, aimed at examining whether Ondo's real-world asset (RWA) tokenization practices comply with federal securities laws, and whether its native token ONDO itself should be considered a security. Ondo stated that the company fully cooperated with the investigation and firmly asserted that its tokenization approach aligns with investor protection principles.

In a blog post on Monday, the company pointed out that the SEC's formal notification is a significant milestone not only for Ondo but also for the broader tokenization industry. Ondo stated that after the investigation's conclusion, it will continue to prioritize innovation, compliance, security, and investor protection. Following this news, the price of the ONDO token rose by approximately 5%.