Ondo Finance Questions Nasdaq’s Tokenization Proposal, Urges Regulatory Scrutiny

Ondo Finance, a company specializing in tokenized securities, has expressed concerns about the regulatory transparency of Nasdaq’s proposed tokenization plan. In an October 2023 letter to the SEC, Ondo Finance requested that the SEC postpone Nasdaq’s plans, citing lack of transparency as a major issue. The request highlights growing anxiety about regulatory clarity in the nascent field of tokenized securities. This has implications for market trust and the future direction of financial frameworks.