Ondo Finance has submitted a request for a no-action letter to the SEC regarding its Ondo Global Markets (OGM) product. OGM continues to offer tokenized notes with exposure to U.S. stocks and ETFs to non-U.S. investors, and the underlying securities and ledger records continue to be custodied by BitGo. This adjustment is intended, in limited circumstances, to synchronously record security interests in tokenized form on the Ethereum mainnet in order to optimize collateral management and settlement processes.

ETH1%
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