Today we submitted our Roadmap for Tokenized Securities to the SEC.
Tokenization is rapidly reshaping global markets, but in the U.S., progress is being slowed by a false debate:
Which single model of tokenization should win out?
Our view: it’s a false choice.
Direct registration, beneficial ownership, and wrapped and linked securities ownership models all coexist in financial markets today, and all have meaningful roles to play onchain.
In our letter, we urge the SEC to allow for all three models by:
1. Supporting both direct and intermediated ownership models
2. Embracing permissioned, permissionless, and hybrid blockchains
3. Providing targeted regulatory clarity for transfer-agent-based tokenization
4. Enabling broader tokenization of securities held in DTC
Our thesis remains simple: all assets are moving onchain and the U.S. is well positioned to lead this shift. Increasing the SEC’s focus on tokenized securities products that link to DTC is a great place to start, that plays to the strengths of the American system as it is.
Empowering investors, including through responsible use of public, permissionless systems, should be a core part of U.S. policy. Giving investors more control over their own assets is exactly what the blockchain is all about, and the SEC should be doing more to support that.
Ondo looks forward to supporting the SEC as it advances this important work.
LATEST: 💰 Ondo Finance has purchased $25 million worth of Figure's YLDS yield-bearing stablecoin to diversify the assets backing its tokenized US Treasurys fund, which also includes products from BlackRock, Fidelity and Franklin Templeton.
⚡️TRADING DEMAND FOR $ONDO TOKENIZED STOCKS DROVE OVER 10% OF ETH GAS USAGE LAST 24HRS
Demand caused a recent spike of Ethereum gas fees.
The biggest names on Wall Street have been tokenized and the demand is heating up! No closing bells on chain.
🗞️ Earlier this week, we saw Boerse Stuttgart Group, one of Europe's largest exchange groups, will support Ondo's tokenized stocks and ETFs.
Institutions are choosing $ONDO.
Tokenized stocks will eat the world of finance. Can Ethereum scale to handle the volume?
First it was dollars, then treasuries, now stocks and ETFs.
“Tokenized treasuries went from a billion dollars 18 months ago to now $7 billion and we expect the same thing to start to occur for tokenized stocks and ETFs.”
Ondo Finance's @iandebode at the @NYSE
Meet the arrogant and inhuman Doctor Ratan Kejriwal from Bokaro in Jharkhand whose pet dog bite on the chest of a poor old lady. Instead of showing empathy and kindness towards the helpless victim he is threatening the people who requested him to at least arrange treatment for her.
Dear @bokaropolice will you take action against this criminal Doctor or will you ignore this incident just because the victims is a poor and resource less old woman.
Needless to add that @NCWIndia is in coma and they will wake up only when a woman will raise a complain against her husband.
This 4 year old daughter of a street vendor died of rabies in Bengaluru.
Badly bitten on the face on Apr 27, family endured months of struggle, panic, and desperation, only to see their beloved child meet a tragic end.
10,000 bites daily in India, mostly kids, almost all from poor or lower middle-class. Never the children of the privileged, never the children celebrities like Janhvi Kapoor, Varun Dhawan, John Abraham, Raveena Tandon, Bhumi Pednekar, Zoya Akhtar, or Shefali Shah may have today or tomorrow.
Since their families will never face it, it’s not their problem. That’s why they never speak compassion when poor kids die of rabies. But the moment the SC ordered action on stray dogs, they suddenly discovered “compassion”, because right now, that’s the in thing and looks good on CV.
आवश्यक जानकारी :~
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कोई भी पुलिसकर्मी बिना कारण आपको न तो थप्पड़ मार सकता है और न ही मारपीट कर सकता है। ऐसा करना BNS धारा 115 के तहत अपराध है। इसमें दोषी पुलिसकर्मी को 1 साल की जेल या ₹10,000 जुर्माना हो सकता है।
ध्यान रखें,
कानून सबके लिए बराबर है – चाहे आम नागरिक हो या पुलिसकर्मी। इसलिए अगर आपके साथ ऐसा हुआ है तो:
• नज़दीकी थाने में संबंधित पुलिसकर्मी के खिलाफ FIR दर्ज कराएँ।
• घटना में तुरन्त सहायता पाने के लिए पुलिस हेल्पलाइन 100 या फिर आपात हेल्पलाइन 112 को कॉल करें। यह एक रिकॉर्डेड हेल्पलाइन हैं जिसे भविष्य में आप साक्ष्य के रूप में भी इस्तेमाल कर सकते हैं।
• अगर क्षेत्रीय थाना FIR दर्ज न करें तो इसकी लिखित शिकायत जिला पुलिस अधीक्षक/पुलिस आयुक्त/ पुलिस महानिदेशक और मानवाधिकार आयोग में दर्ज करें।
• ज़रूरत पड़ने पर दोषी पुलिसकर्मी के खिलाफ न्यायालय में याचिका दायर करें।
साभार: @NCIBHQ