Key Takeaways
- Ondo Finance, a tokenized Treasury protocol, has joined the Blockchain Association.
- This partnership aims to advance pro-innovation digital asset policies in the United States.
Ondo Finance, a tokenized Treasury protocol, today joined the Blockchain Association to help advance pro-innovation digital asset policies in the US.
The move comes after Ondo concluded an SEC investigation, clearing the path for its expansion in tokenized asset operations. The platform tokenizes real-world assets to bring institutional-grade finance onchain while maintaining regulatory compliance through alignment with SEC practices.
The Blockchain Association advocates for the US digital asset industry through partnerships and regulatory submissions. The organization recently provided recommendations to the CFTC for clarifying perpetual derivative contracts and developing innovation-friendly pilots for tokenized collateral.
These recommendations emphasize including non-custodial infrastructure and stablecoins in CFTC pilots for tokenized collateral to enhance settlement efficiency, aligning with Ondo’s focus on tokenized asset operations.
Source: https://cryptobriefing.com/ondo-finance-blockchain-association-us-policy/
