Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities

Ondo Finance and legal counsel from Davis Polk & Wardwell met with the US Securities and Exchange Commission’s Crypto Task Force on April 24 to discuss regulatory pathways for tokenized versions of publicly traded US securities, according to a memorandum reviewed by the agency’s staff. The meetings focused on structuring options and regulatory considerations for…

Read More

Stablecoins entering mainstream adoption, poised for trillion-dollar market cap by 2030 – Citi

The stablecoin sector is entering a period of accelerated adoption comparable to the early growth of generative artificial intelligence (AI) tools like ChatGPT and could hit a market cap of over $1.6 trillion by 2030. According to a new report published on April 24 by Citi Group’s Global Perspectives & Solutions unit, stablecoins are now…

Read More