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Topic: ondo-finance

A stock exchange trading floor
New Crypto
Thursday, 7/2, 02:46 PM

Ondo Puts Real Stocks on Ethereum in a Test of the SEC's Tokenization Rules

  • Ondo Finance has begun issuing blockchain tokens backed one-for-one by real shares of a BlackRock ETF and Micron, using a U.S.-registered transfer agent to keep the underlying stock inside the regulated custody system.
  • It is the first live use of a tokenization structure the SEC's staff sketched out in January — a test of whether on-chain stock trading can fit within U.S.
  • securities law.

ondo-finance — news and stories on this topic

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