US SEC Terminates Ondo Finance Investigation "Without Any Charges"! $ONDO Surges Past $0.5

According to the latest market news, the US Securities and Exchange Commission (SEC) has officially concluded its two-year investigation into the RWA tokenization project Ondo Finance and issued a closing notice, confirming that no charges will be filed. Following the announcement, the $ONDO token price surged in the short term.

(Previous highlights: Ondo to launch Ondo Global Markets on 9/3, listing hundreds of tokenized stocks first) (Background supplement: The inside story of RWA protocol Ondo Finance’s explosive growth: BlackRock and Morgan Stanley foray into real-world assets)

According to the latest market news, the US Securities and Exchange Commission (SEC) has officially concluded its two-year investigation into the RWA tokenization project Ondo Finance and issued a closing notice, confirming that no charges will be filed. The investigation, which began in 2023, mainly focused on the legality of Ondo’s tokenized US Treasury products and whether the platform’s native token $ONDO constitutes a security. Last month, the SEC formally sent a letter to Ondo Finance, clearly stating that the investigation was concluded and the case officially closed.

Background of the investigation At the beginning of 2023, during the strictest period of cryptocurrency regulation, the SEC launched investigations into several tokenized asset (RWA) projects. Ondo Finance, due to its rapidly growing scale of tokenized US Treasuries, became a major target of regulatory scrutiny. The investigation focused on whether Ondo sold security tokens to US investors without registration and whether its partnership structure with traditional brokerages complied with regulations.

Market analysts pointed out that the closure of this case aligns with the current friendlier stance of US authorities toward cryptocurrencies. Since the new SEC Chairman Paul Atkins took office, multiple lawsuits and investigations against crypto projects have been withdrawn or terminated. Ondo Finance is the first major tokenized asset platform to be deemed “completely cleared” by the SEC, meaning products like tokenized US Treasuries and other RWA offerings have received substantial regulatory recognition in the US market. This not only eases restrictions for Ondo itself, but also provides a positive reference case for similar products and may accelerate institutional capital inflows into the on-chain Treasury and RWA tokenization sectors.

In response, Ondo Finance issued a statement on X:

The US SEC has officially ended a Biden-era secret investigation into Ondo Finance and has filed no charges. The investigation, launched in 2024, mainly focused on whether Ondo’s tokenization of real-world assets (RWA) complied with US federal securities laws and whether its native token $ONDO constituted a security. At the time, the SEC was at the peak of its strictest oversight of digital asset companies, and Ondo, thanks to the rapid growth of its tokenized US Treasuries, became one of the most prominent innovators in the field.

Even under a stringent regulatory environment, Ondo remained steadfast in its core belief: tokenizing the safest and most mature assets in global finance—such as US Treasuries and listed stocks—can bring revolutionary change and be fully compliant with regulations.

Nevertheless, this case closure is a major milestone for the entire asset tokenization ecosystem. Regulatory agencies are shifting from “enforcement first” to frameworks that support modern market infrastructure. The SEC has begun engaging in active dialogue with the industry to unlock the potential of tokenization for US capital markets; global adoption continues to accelerate; and US infrastructure is evolving to support the sector.

The path for tokenized US Treasuries and tokenized stocks to become core components of US capital markets is now clearer than ever. The future of global finance will be realized on-chain, and Ondo will be at the forefront of this transformation.

$ONDO surges in response Following the news, $ONDO token price jumped in the short term, trading at $0.5 at the time of writing, with a 24-hour increase of 7.6%. This reflects investors’ optimism about the removal of “regulatory uncertainty.”

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〈US SEC Terminates Ondo Finance Investigation “No Charges Filed”! $ONDO Surges Past $0.5〉This article was first published on BlockTempo, the most influential blockchain news media.