Ondo Finance has introduced blockchain-based tokenized versions of BlackRock's iShares Core S&P 500 ETF and Micron Technology shares, following the SEC's third-party custodial tokenization model. These tokens are issued on Ethereum through Oasis Pro, an SEC-registered transfer agent, with Broadridge managing proxy voting and shareholder communications to ensure token holders have the same rights as traditional investors. This marks the first implementation of the SEC's framework, demonstrating that tokenized securities can operate within existing U.S. regulations. However, the product is not yet available to U.S. investors, signaling a potential future expansion of on-chain investment access under regulatory compliance.
Bitway (BTW) surged 23.9% to $0.4497, driven by recent protocol upgrades that improve scalability and user experience, boosting its market cap to $1.22 billion. Meanwhile, Worldcoin (WLD) fell 7.8% to $0.3175 due to regulatory scrutiny fears, highlig...
A crypto analyst projects a 3x to 4x price increase for Hedera's HBAR token, targeting around $0.21 from its current $0.066 price, potentially raising its market cap to $9 billion. While a 10x rally to $0.70 is technically possible, the analyst consi...
Tokenized equities are expanding rapidly, with Ondo Finance leading in total asset value at $1.01 billion TVL and $27 billion in trading volume. The number of holders doubled in 30 days, showing growing participation, while monthly transfer volume su...
Ondo Finance's token ONDO is trading at $0.3279, maintaining a key support level around $0.30, which could trigger a rally to $0.45 or higher if sustained. The platform has surpassed $1 billion in tokenized stock value and holds $3.48 billion in tota...
