Ondo Finance GC to Join SEC Commissioner for Regulatory Discussion

**WisdomTree**, a global asset manager with **$131B in assets under management**, has joined the Global Markets Alliance. The firm specializes in: - Digital innovation in finance - Tokenized assets - Blockchain-based investment solutions WisdomTree now joins a **growing coalition** that includes: - Exchanges - Wallets - Custodians - Infrastructure providers - Asset managers The alliance focuses on **aligning standards** for bringing tokenized stocks and funds onchain. This partnership advances the organization's mission to make global markets more **open, programmable, and accessible**. The move represents another significant step in the institutional adoption of tokenized financial products.

**Ondo Finance launched Ondo Global Markets**, bringing over 100 tokenized U.S. stocks and ETFs onchain. The platform integrates traditional assets into DeFi with **stablecoin-like ease**, powered by Chainlink oracles for reliable price data. This development represents a significant step in **bridging TradFi and DeFi**, enabling traditional assets to participate in decentralized finance protocols. - 100+ tokenized stocks and ETFs now available - Chainlink provides trusted price feeds - Enhanced DeFi composability for institutional assets The integration aims to unlock new opportunities for traditional financial instruments within the DeFi ecosystem.

**Ondo Global Markets has officially launched**, bringing tokenized stocks and ETFs to blockchain with backing from major platforms including Trust Wallet, OKX, Chainlink, and 1inch. **Key Features:** - 24/7 peer-to-peer transferability of tokenized securities - 24/5 instant mint and redemption - Direct access to traditional exchange liquidity - Full DeFi compatibility and composability **Security & Backing:** Tokenized assets are fully backed by U.S. stocks and ETFs held at registered broker-dealers. A third-party verification agent reviews backing daily, with an independent security agent holding first-priority interest in backing assets. **Multichain Expansion:** The platform plans to expand to Ondo Chain, BNB Chain, Solana, and other networks to increase global accessibility to U.S. markets. This addresses longstanding barriers in the $64 trillion U.S. securities market including high fees, limited access, and geographic restrictions that have locked millions out of capital markets. [Read the full announcement](https://blog.ondo.finance/global-markets-is-live/)

**Major financial infrastructure upgrade** approaching Ethereum blockchain within 24 hours. **Wall Street 2.0** represents a significant evolution in traditional finance integration with decentralized systems. - Timeline: Less than 24 hours remaining - Platform: Ethereum blockchain - Impact: Traditional finance meets DeFi **Background context** shows ongoing efforts to establish Ethereum as the primary blockchain for institutional finance, with backing from key ecosystem players. This development could **bridge traditional markets** with decentralized finance infrastructure.

Federal Reserve Vice Chair for Supervision Michelle Bowman advocated for a more progressive regulatory stance on blockchain technology at the Wyoming Blockchain Symposium. Key points from her address: - Regulators should move past overly cautious approaches - **Blockchain benefits**: Enhanced speed, safety, and operational efficiency in financial systems - **Tokenization advantages**: More efficient asset transfers vs traditional methods - **Regulatory framework needs**: Transparent, balanced rules that support innovation while maintaining stability This marks a significant shift in regulatory tone from the Federal Reserve toward blockchain and cryptocurrency innovation.