Ondo Submits "No-Action" Letter Request to the U.S. Securities and Exchange Commission

Odaily News Ondo Finance announced that it has submitted a no-action request to the U.S. Securities and Exchange Commission (SEC) regarding its Ondo Global Markets (OGM) product. The company is seeking regulatory confirmation that, under a specific model, recording certain securities interests in tokenized form on the Ethereum mainnet will not trigger enforcement risks. Ondo stated 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 existing products, not a restructuring of market architecture. Under the premise of compliance, public blockchain infrastructure can operate in synergy with traditional systems.