Ondo Finance submits a letter to the U.S. SEC requesting no enforcement action, concerning on-chain record-keeping of tokenized securities rights on the rights chain

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Gate News message. On April 13, Ondo Finance announced that it has requested regulatory confirmation that, under specific patterns, recording certain security entitlements in a tokenized form on the Ethereum mainnet will not trigger enforcement risk, by filing a no-action letter request with the U.S. Securities and Exchange Commission (SEC) for its Ondo Global Markets (OGM) product. Ondo said that introducing on-chain records helps improve collateral monitoring efficiency, optimize subscription and redemption processes, and simplify reconciliation systems. In essence, this is an optimization of the operational layer of the existing product, not a reconfiguration of market structure. Ondo emphasized that, under compliance, public blockchain infrastructure can operate in tandem with the traditional financial system.

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