Ondo Finance Supports BlackRock's Multi-Chain Expansion

**Major European Integration for Tokenized Securities** Ondo Global Markets tokenized stocks and ETFs are now live on 360X, a Deutsche Börse-backed digital asset platform. This integration brings institutional-grade infrastructure to tokenized securities across the EU and EEA. **Key Components:** - **360X**: Regulated trading venue backed by Deutsche Börse - **Clearstream**: Europe's leading securities depository, processing trillions annually - **Initial Assets**: SPYon, QQQon, AAPLon, TSLAon, CRCLon, MSFTon, METAon, NVDAon, AMZNon, GOOGLon **What This Enables:** Institutional workflows across the EU and EEA can now access Clearstream-enabled custody, settlement, and collateralization for tokenized stocks. This marks another step in bringing tokenized securities into the core infrastructure that traditional institutions already use.

Ondo Finance has announced a strategic partnership with **Clearstream** and **360X** to expand distribution of its tokenized US Treasury products. Key developments: - Partnership enables institutional access to Ondo's OUSG token through traditional financial infrastructure - Clearstream, a major European securities services provider, will facilitate settlement and custody - 360X brings digital asset trading capabilities to the collaboration - Move bridges traditional finance with blockchain-based treasury products This follows Ondo's recent expansion to Bitget in March, demonstrating continued momentum in making tokenized treasuries accessible across multiple platforms. [Full announcement](https://ondo.finance/blog/ondo-clearstream-360x-partner)

Ondo Finance has formally requested a no-action letter from the SEC regarding its tokenized securities products. **Key Points:** - The request seeks regulatory clarity on Ondo's tokenized US Treasury products - A no-action letter would provide assurance that the SEC won't recommend enforcement action - This move follows Ondo's previous launch of tokenized stocks for DeFi adoption - The company is proactively engaging with regulators to establish compliant frameworks This represents a significant step toward regulatory clarity in the tokenized securities space. Full details available at [Ondo's blog](https://ondo.finance/blog/sec-no-action-letter-request).

Ondo has filed with the SEC seeking approval to integrate a blockchain layer into its Ondo Global Markets platform while maintaining existing regulatory frameworks. **Key improvements proposed:** - Enhanced collateral monitoring for OGM products - Streamlined creation and redemption processes - Simplified reconciliation across product offerings The filing represents a practical approach to combining public blockchain infrastructure with securities regulation, without altering current legal protections for customers.

The tokenized stocks market has reached $1 billion in value in less than 12 months, marking significant growth in blockchain-based traditional securities. **Key Points:** - Market grew approximately 2,900% year-over-year - Represents growing institutional adoption of tokenized financial products - Demonstrates increasing bridge between traditional finance and blockchain technology This milestone reflects broader trends in asset tokenization, where traditional securities are represented on blockchain networks for improved accessibility and efficiency.