Ondo Finance (ONDO) has surged approximately 16% in the past 24 hours, breaking out of a multi-month accumulation zone, according to BeInCrypto. This price movement coincides with a Bloomberg report that the US Securities and Exchange Commission (SEC) is preparing an innovation exemption to allow tokenized securities trading on decentralized platforms. This regulatory shift could benefit Ondo Finance's real-world asset infrastructure, which includes 260 tokenized US stocks and ETFs across Ethereum, Solana, and BNB Chain. The token's breakout is supported by strong volume and bullish technical indicators.