The US Securities and Exchange Commission (SEC) has concluded its investigation into Ondo Finance, a New York-based tokenization platform, initiated in 2023. Ondo announced that it received formal notice of the investigation's closure without any charges. The inquiry focused on whether Ondo's tokenization of real-world assets adhered to federal securities laws and if the ONDO token qualified as a security. This decision indicates a shift in US policy towards real-world asset tokenization, which is now on the SEC's agenda. The probe began in October 2023 under former SEC Chair Gary Gensler, known for his strict approach to crypto. However, under the current chair, Paul Atkins, several crypto-related cases have been closed. Ondo stated that the end of the SEC inquiry marks a new chapter, positioning tokenized securities as integral to US capital markets. While many tokenization platforms primarily serve international clients, the resolution raises questions about whether Ondo will extend its services to US customers.#USJobsData#WriteToEarnUpgrade#CryptoRally#StrategyBTCPurchase#BTCVSGOLD
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