SEC Ends Two-Year Probe Into Ondo Finance

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The U.S. SEC has closed its two-year investigation into Ondo Finance, started in October 2023 under Gary Gensler, without recommending charges. The probe examined Ondo’s tokenized U.S. Treasury products like OUSG and whether ONDO tokens qualify as securities. Ondo received formal notice in late November, clearing the path for U.S. expansion after registering as an investment advisor and acquiring Oasis Pro Markets.