The US SEC Crypto Working Group met with Ondo Finance to discuss compliant issuance of tokenized securities

Odaily Planet Daily News: The U.S. Securities and Exchange Commission issued a memorandum stating that representatives of Ondo Finance and Davis Polk & Wardwell LLP held talks with the U.S. Securities and Exchange Commission (SEC) Crypto Working Group to discuss the compliance path for issuing and selling tokenized U.S. securities. The meeting topics included key issues such as the structural model of tokenized securities, registration and broker requirements, market structure regulations, financial crime compliance, and state corporate laws. Ondo Finance proposed seeking a regulatory sandbox or other form of regulatory exemption to advance the issuance of its tokenized asset products. The talks aim to provide a clear regulatory framework for tokenized securities in the U.S. market.