Ondo Finance has submitted a no-action letter request to the SEC regarding its Ondo Global Markets (OGM) product. OGM still offers tokenized notes with exposure to U.S. stocks and ETFs to non-U.S. investors, with the underlying securities and ledger records continuing to be custodyed by BitGo. This adjustment aims, in limited circumstances, to synchronize the recording of security interests in tokenized form on the Ethereum mainnet to optimize collateral management and settlement processes.

ETH1.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin