SEC push for unified licensing boosts Ondo’s tokenisation drive.
The price of Ondo (ONDO) is edging higher after Ondo Finance rolled out tokenised stocks and exchange-traded funds (ETFs) on Ethereum, bringing traditional assets on-chain at scale.
The launch of the tokenised stocks and ETFs is fuelling optimism among traders and could reshape how investors access global markets.
On September 3, Ondo Finance officially launched Ondo Global Markets, a new platform that allows more than 100 tokenised stocks and ETFs to be traded on Ethereum.
This launch comes just days after the company warned of a “historic week ahead,” underscoring its significance not only for Ondo but also for the broader crypto ecosystem.
Notably, the move represents a major expansion of Ondo’s vision to bridge traditional finance with blockchain technology.
By tokenising widely traded financial products and making them accessible on-chain, the company is aiming to open up capital markets to a much wider global audience.
The timing of Ondo’s expansion coincides with a shift in US regulatory policy.
The Securities and Exchange Commission (SEC) has signalled its intent to create a unified licensing framework that would cover traditional securities, tokenised versions of those securities, and non-security crypto assets.
Ondo Finance is not new to tokenisation. The company has already built a foothold in the market for tokenised US Treasuries, a sector that has grown rapidly to more than $7 billion.
Ondo alone has issued over $1 billion worth of tokenised Treasuries on Ethereum, underscoring the protocol’s role in shaping on-chain capital markets.
The launch of tokenised stocks and ETFs takes that strategy further. It marks the first time that a broad range of equities and funds are being introduced to blockchain on such a scale.
For institutional investors, this means faster, blockchain-based access to assets that previously required traditional brokerage accounts.
For retail participants, it hints at a future where traditional and digital markets are no longer separate.
ONDO’s price has reflected the growing optimism surrounding the launch.
At the time of writing, the token was trading near $0.96, up more than 4% in the past 24 hours.
This recovery followed a dip to $0.85 earlier in the week, which has since acted as a key support level.
Technical indicators suggest further upside may be on the horizon.
The token has been trading within a falling wedge pattern since the end of July, a setup that often signals a bullish breakout.
According to market analysis, ONDO could climb as high as $1.05 if it breaks the resistance at the $0.91 to $1.00 range.
Momentum indicators such as the Relative Strength Index (RSI) and the MACD also support the view that the market is leaning toward further gains.
