Trending Now - SEC Considers New Rules, Boosting ONDO by 16% Amid Tokenization Talks
WHO:
NewsBTC - ONDO, a tokenization platform, is involved in the trading of tokenized stocks.
Cointelegraph - SEC officials reportedly had differing opinions on the decision regarding tokenized stock trading.
WHAT:
NewsBTC - ONDO is now ranked among the largest issuers in the tokenized US Treasury products market, which has grown to a market capitalization of $13.7 billion.
NewsBTC - Tokenized stocks have surpassed $1.5 billion in total value locked (TVL) on Ondo Global Markets.
NewsBTC - ONDO reportedly controls a significant 60% share of the tokenized stocks market.
NewsBTC - The SEC's framework could allow tokenized versions of stocks to trade on decentralized crypto platforms, including tokens that may not have the consent or backing of the public companies whose shares they track.
NewsBTC - The Kobeissi Letter described the potential exemption as a “surprise move,” stating it could “reshape the landscape of the American stock market” and represent “one of the US’ biggest shifts into crypto infrastructure yet.”
NewsBTC - The reported SEC approach raises a core regulatory question about whether stock-linked tokens can scale without undermining shareholder protections, as the tokens may not provide traditional rights such as voting power or dividends.
NewsBTC - ONDO's value increased by approximately 16% following reports about the SEC preparing a framework for tokenized stock trading.
NewsBTC - ONDO traded near $0.390, up 15.5% over 24 hours, with a daily trading volume of about $228 million and a market capitalization near $1.9 billion.
NewsBTC - The SEC may release an “innovation exemption” for tokenized stocks as soon as this week.
NewsBTC - Ondo Global Markets crossed $1 billion in total value locked less than eight months after its launch in September 2025.
NewsBTC - Ondo holds more than 70% of the tokenized equity issuer market and has processed over $18 billion in cumulative trading volume.
NewsBTC - Ondo currently offers more than 260 tokenized US stocks and ETFs across Solana, Ethereum, and BNB Chain.
NewsBTC - Katie Wheeler, Managing Director of Global Partnerships at Ondo Finance, stated that they could surpass $5 billion by the end of the year.
WHERE:
NewsBTC - The SEC is based in the United States.
WHEN:
NewsBTC - The SEC could release the “innovation exemption” for tokenized stocks as soon as this week.
NewsBTC - Ondo Global Markets launched in September 2025.
NewsBTC - Katie Wheeler mentioned the potential to surpass $5 billion by the end of the year.
WHY:
NewsBTC - The SEC's framework could allow tokenized versions of stocks to trade on crypto platforms, potentially reshaping the American stock market.
NewsBTC - The reported SEC approach raises questions about whether stock-linked tokens can scale without undermining shareholder protections.
HOW:
NewsBTC - Users can now access US stocks, ETFs, and treasury products directly on-chain, without relying on traditional brokerage infrastructure.
NewsBTC - Platforms could lose eligibility if listed products fail to provide rights such as voting or dividends.
NewsBTC - The SEC's framework would create a path for digital versions of securities to trade outside traditional exchange venues and on decentralized crypto platforms.
(UPDATED May 20, 2026 01:38 UTC)
ONDO has emerged as a major player in the tokenized US Treasury products market, now boasting a market capitalization of $13.7 billion. Additionally, tokenized stocks on Ondo Global Markets have surpassed a total value locked of $1.5 billion, with ONDO controlling an impressive 60% share of that market. Users can now access US stocks, ETFs, and treasury products directly on-chain, eliminating the need for traditional brokerage infrastructure.
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(UPDATED May 19, 2026 16:07 UTC)
The SEC's new framework may pave the way for tokenized versions of stocks to be traded on decentralized crypto platforms, even if those tokens lack the consent of the companies they represent. The Kobeissi Letter has called this potential exemption a “surprise move,” suggesting it could significantly reshape the American stock market and mark a major shift towards crypto infrastructure in the U.S. However, this approach raises important regulatory concerns about whether these stock-linked tokens can scale effectively while still protecting shareholder rights, as they might not offer traditional benefits like voting power or dividends.
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(UPDATED May 19, 2026 13:56 UTC)
ONDO, a tokenization platform, has seen its value rise by approximately 16% after reports indicated that the SEC is preparing a framework for tokenized stock trading, with the potential release of an “innovation exemption” as soon as this week. Currently trading near $0.390, ONDO has processed over $18 billion in cumulative trading volume and holds more than 70% of the tokenized equity issuer market, while its Managing Director, Katie Wheeler, expressed optimism about surpassing $5 billion by the end of the year. The SEC's framework could pave the way for digital versions of securities to trade on decentralized crypto platforms, raising important questions about the scalability of stock-linked tokens and the protection of shareholders.