Odaily News The U.S. Securities and Exchange Commission issued a memorandum stating that Ondo Finance and representatives of Davis Polk & Wardwell LLP met with the U.S. Securities and Exchange Commission (SEC) Crypto Task Force to discuss the compliance path for issuing and selling tokenized U.S. securities. The meeting topics included key issues such as structural models for tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate laws. Ondo Finance proposed seeking a regulatory sandbox or other form of regulatory exemption to advance the issuance of its tokenized asset products. The talks are intended to provide a clear regulatory framework for tokenized securities in the U.S. market.