Ondo Finance: The SEC has concluded its investigation and filed no charges.

Odaily reports that Ondo Finance has announced the conclusion of a years-long, confidential investigation by the U.S. Securities and Exchange Commission (SEC) into its tokenized company, without bringing any charges. Ondo Finance states this is a significant step forward for tokenized securities in the United States.

The investigation, launched amid heightened regulatory scrutiny of digital assets during the Biden administration, aims to examine whether Ondo's tokenization of real-world assets (RWAs) complies with federal securities laws and whether its native token, ONDO, should be considered a security. Ondo stated that it has fully cooperated with the investigation and maintains that its tokenization approach complies with investor protection principles.

In a blog post on Monday, the company noted that the SEC’s formal notification is a significant milestone not only for Ondo but also for the broader tokenization industry.

Ondo stated that it will continue to prioritize innovation, compliance, security, and investor protection after the investigation concludes. Following this news, the price of the ONDO token rose by approximately 5%.