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ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC

ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC

Coinedition2025/04/24 16:00
By: Coin Edition
BTC-0.21%XRP+0.21%ONDO+0.02%
  • Ondo met with the SEC to discuss tokenizing U.S. financial assets legally.
  • $ONDO surged past $1 with $446M in trading volume.
  • Ondo could lead in tokenized stocks if approval is granted.

On April 24, 2025, Ondo Finance  met with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss its plan to tokenize U.S. securities. In simple terms, Ondo wants to bring real-world financial assets like publicly traded stocks onto the blockchain, and this meeting was about finding a way to do it legally.

Regulatory Discussions Gain Traction

During the meeting, both parties discussed key issues including the legal classification of tokenized securities, the required approvals, compliance with existing market regulations, and strategies to prevent financial crimes.

Getting direct engagement with the SEC is a significant step for Ondo, especially when many crypto projects find regulatory dialogue challenging. It also shows growing institutional interest in bridging the gap between blockchain innovation and traditional finance.

Related: Ripple’s Monica Long on XRP Utility & Why Regulatory Clarity Precedes IPO

$ONDO Token Surges Past $1 Following SEC Meeting News

Following the news, Ondo’s native token ($ONDO) saw a sharp increase in trading activity. Daily volume spiked above $446 million, with technical indicators such as the MACD suggesting short-term bullish momentum.

The token broke through the $1 resistance level on Thursday. Analysts now point to $1.05 to $1.10 as the next targets — zones that have historically acted as strong resistance. At the time of writing, ONDO is trading at $1 and is up by more than 15%.

ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC image 0 ONDO Token Breaks $1 Resistance as Ondo Discusses RWA Rules with SEC image 1 Source: CoinMarketCap

Despite the rally, ONDO’s performance remains tied to broader crypto market trends, especially Bitcoin’s price action. A continued BTC uptrend could support further gains, while a downturn could send ONDO back to the $0.76–$0.92 support zone.

A Turning Point for Tokenized Finance?

The SEC dialogue comes at a time when tokenization of real-world assets is gaining serious traction. Ondo Finance, already backed by major names in traditional finance such as BlackRock, has been actively positioning itself to lead this niche.

Related: ADA Founder Predicts The Close of ETH. Is This the Fall of a Crypto Giant?

If regulatory clarity is achieved, Ondo could become one of the first crypto-native platforms to legally offer tokenized U.S. securities to a global market. That would represent a breakthrough not just for the company, but for the crypto industry’s broader effort to bring real-world financial infrastructure on-chain.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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