TLDR
- Ondo Finance (ONDO) token has surged nearly 9% in 24 hours, trading above $0.96
- CEO Nathan Allman met with SEC’s Crypto Task Force to discuss tokenized securities framework
- ONDO broke past $1 mark, reaching $3 billion market cap for the first time in 50 days
- Ondo manages about $1 billion in tokenized products, comprising 16.4% of the $6.15 billion tokenized U.S. Treasuries market
- Technical indicators suggest further growth potential with resistance levels at $1.09 and $1.20
Ondo Finance’s ONDO token is experiencing strong upward momentum, with prices climbing above $0.96 and showing a sharp increase of nearly 9% over 24 hours. This price action follows a key regulatory meeting between Ondo’s leadership and the U.S. Securities and Exchange Commission regarding tokenized securities.
The price surge intensified after news emerged that Ondo Finance CEO Nathan Allman led a delegation at a conference with the SEC’s Crypto Task Force on April 24, 2025. The meeting focused on regulatory policies for issuing tokenized versions of publicly traded US assets.
Representatives from legal firm Davis Polk & Wardwell LLP also attended the seminar, which addressed major concerns about integrating conventional securities into blockchain-based systems while ensuring compliance with current financial regulations.
The ONDO token price jumped over 7% following the meeting, breaking through the psychologically important $1 milestone. This marked the first time in 50 days that Ondo’s market value exceeded $3 billion.
Regulatory Discussions Focus on Compliance
The meeting agenda covered tokenized securities structuring models, registration requirements, broker-dealer responsibilities, financial crime compliance, and market structure laws. Ondo’s team, which included General Counsel Mark Janoff and Chief Strategy Officer Ian De Bode, proposed several approaches for tokenized securities issuance and distribution.
Discussions centered around potential sandbox environments or other forms of regulatory relief that would allow innovation within existing compliance frameworks. This approach demonstrates Ondo’s commitment to providing institutional-grade tokenization solutions that leverage blockchain technology while meeting legal requirements.
An industry expert involved in the discussions noted that the conference indicates growing regulatory interest in efforts to merge traditional securities with blockchain-based systems while maintaining compliance with existing financial legislation.
The meeting was part of the SEC’s broader industry engagement to provide regulatory clarity in the crypto domain. Since establishing its Crypto Task Force on January 21, the regulator has held 81 meetings with influential bitcoin industry participants.
Ondo’s Position in Real-World Asset Tokenization
Ondo Finance has established itself as a leader in bridging decentralized finance (DeFi) and traditional finance through tokenizing real assets. The company currently manages approximately $1 billion in tokenized products, representing 16.4% of the $6.15 billion tokenized U.S. Treasuries market.
Two key products highlight Ondo’s approach to asset tokenization. The Ondo Short-Term U.S. Government Bond Fund (OUSG) tokenizes exposure to short-term US Treasuries via blockchain and is primarily funded by the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
The company also offers USDY, a yield token for the US dollar targeting non-US investors seeking dollar-denominated returns without traditional financial intermediaries. This product is backed by demand deposits held with banks combined with short-term Treasuries.
Technical Analysis Suggests Further Growth
Analyst Trader Edge suggests a breakout of a bullish head and shoulders pattern targeting $1.20.
$ONDO chart looks bullish
Confirmed breakout of an inverse head and shoulders with a $1.20 target 🚀 pic.twitter.com/ygkmJI3VRb
— Trader Edge (@Pro_Trader_Edge) April 25, 2025
Technical analysts point to ONDO’s clear ascent above both the 50-day and 100-day simple moving averages as evidence of building momentum. The Bull and Bear Power indicator showed its highest positive score since early March, suggesting increasing buying pressure as prices rise.
Technical analysis indicates Ondo might continue rising in the coming weeks as the token emerges from its consolidation phase. A daily close above $0.98 could signal the start of an upward trend with potential for further gains.
Support is currently established around $0.81, with the $1.06 level acting as intermediate resistance. The next major upward target is $1.09, representing a convergence zone with the 200-day simple moving average. A breakthrough at this level could accelerate the path to the $1.20 target.
The most recent price action shows ONDO surging over 7% to $0.983, marking its most decisive breakout in over a month as price climbed firmly above the 50-day simple moving average at $0.851.
The bullish momentum was further validated by movement above the 100-day SMA ($1.05) on intraday wicks, suggesting mounting buying pressure. If the key resistance at $1.08 breaks, Ondo is likely to head towards the $1.20 level.
However, failure to sustain above the 100-day SMA could lead to a short-term retest of support near $0.90, according to technical forecasts.
The price of ONDO stands at a critical juncture as it tests important resistance levels following the positive market reaction to the SEC meeting.
With growing interest in tokenized securities and Ondo’s proactive approach to regulatory compliance, market participants are closely watching both price action and regulatory developments that could impact the token’s trajectory.
The meeting with the SEC represents an important step in Ondo’s efforts to operate within regulatory frameworks while advancing innovation in the tokenized securities space.
