Ondo Calls for SEC Review of Nasdaq Tokenization Plan
Update: 2025-10-18
Description
Ondo Finance is urging the SEC to scrutinize Nasdaq's plan for tokenized securities trading, citing a critical lack of transparency in post-trade settlement with the Depository Trust Company. They fear this ambiguity could give larger firms an unfair advantage, stifling competition. While open to the idea, Ondo demands clear details on the clearing process to ensure equitable access for all, threatening to push for a halt if transparency isn't achieved.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
