Ondo Finance launched on-chain trading of US tokenized securities under US regulatory framework

Regulatory milestone achieved

Ondo Finance has announced a partnership with Broadridge Financial Solutions, a company well-established in financial infrastructure and market technologies. Through this collaboration, Ondo has taken the lead by deploying the first viable framework that allows third-party tokenized US securities to operate within the existing US regulatory environment.

Mini glossary: A tokenized security refers to the digital representation of a stock or similar financial asset on a blockchain. Third-party tokenization means this process is carried out technically by an entity other than the original issuer of the security.

Ondo Finance has revealed that, for the first time, a third party has tokenized US-listed securities on a public blockchain, all while ensuring compatibility with the current US regulatory and market infrastructure.

This announcement is regarded not only as a new product launch but also as a clear sign of growing institutional interest in blockchain-based securities markets that meet regulatory requirements. The sector is increasingly cited among key drivers for the long-term growth of the crypto industry.

ONDO price outlook shows key levels

Following the news, ONDO has come under close market scrutiny. The token is presently trading around $0.33, having retreated roughly 3% over the last 24 hours. Despite this decline, technical indicators suggest that while short-term selling pressure lingers, signs of weakening are also emerging.

According to TradingView data, ONDO remains below the middle Bollinger Band at $0.36, indicating that sellers are still active in the short-term. However, the price holding above the lower Bollinger Band at $0.32 implies that the latest selling wave has temporarily slowed down.

The Relative Strength Index has recovered to 48.7. Although this suggests that the momentum is approaching neutral territory, a definitive upward breakout has yet to materialize.

Cautious optimism in derivatives market

Data from CoinGlass also sheds more light on the situation. Although there has been a correction in ONDO’s price during June, open interest in the market has not seen a sharp fall, staying relatively stable between $140 million and $150 million. This indicates that participants in the derivatives market are largely holding their positions, rather than closing them out.

Looking ahead, the area between $0.36 and $0.37 is being watched as the main resistance zone. Should the price break above this range and open interest increases, this could pave the way for stronger capital inflows and a more robust recovery. Conversely, if ONDO loses support at $0.32, the risk remains for renewed selling pressure in the short term.