Ondo prepares U.S. launch following SEC innovation exemption

Ondo Finance is preparing to launch its products in the United States, holding necessary licenses including a broker-dealer, transfer agent, and RIA. This move follows the stalling of the Clarity Act and the SEC’s issuance of an innovation exemption, which Ondo views as a supportive regulatory step. John Hoffman stated that Ondo is validating its models to ensure the U.S. rollout is a 'step function improvement' rather than a simple re-platforming of existing services. Hoffman noted, "We have the licenses, registrations, the infrastructure, to turn this on in the US."

Hoffman also addressed a recent IMF report claiming tokenized stocks are more volatile than non-tokenized counterparts. He argued that this volatility is specific to other construction models that decouple from underlying prices, whereas Ondo’s model leverages traditional financial liquidity and has not exhibited such volatility in its data. The company maintains that the current regulatory environment is sufficient to begin U.S. operations.