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ONDO Surges 16% As SEC Eyes Framework For Tokenized Stock Trading
TL;DR
ONDO surged approximately 16% following news that the SEC is preparing a framework for tokenized stock trading. The token traded near $0.390 with a market cap of nearly $1.9 billion.
Key points
- ONDO jumped roughly 16% after SEC news
- SEC may release a framework for tokenized stocks
- ONDO traded near $0.390 with $228 million volume
- Market cap of ONDO is near $1.9 billion
- Hyperliquid could also benefit from the news
Mentioned in this story
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ONDOHyperliquid
ONDO jumped roughly 16% after reports that the US Securities and Exchange Commission is preparing a framework that could allow tokenized versions of stocks to trade on crypto rails, potentially giving one of the real-world asset sector’s most visible names a fresh regulatory tailwind. ONDO traded near $0.390, up 15.5% over 24 hours, with about $228 million in daily volume and a market capitalization near $1.9 billion.
The move followed a Bloomberg report, that the SEC could release an “innovation exemption” for tokenized stocks as soon as this week. The framework would reportedly create a path for digital versions of securities to trade outside traditional exchange venues and on decentralized crypto platforms, including tokens that may not have the consent or backing of the public companies whose shares they track.
Why Is ONDO Profiting The Most From The News?
For crypto markets, the report landed directly on one of the year’s strongest narratives: tokenized public equities. The Kobeissi Letter described the potential exemption via X as a “surprise move,” saying it could “reshape the landscape of the American stock market” and represent “one of the US’ biggest shifts into crypto infrastructure yet.”
The market reaction centered on projects already positioned around on-chain securities. ONDO led gains among major RWA-linked tokens, while traders also pointed to Hyperliquid as a potential beneficiary because of its role in on-chain derivatives. One account, The DeFi Investor, framed the report as “great news” for both HYPE and ONDO, arguing that it “legitimizes Ondo as the largest tokenized stocks issuer,” while Hyperliquid will be “one of the biggest beneficiaries as the largest DEX for RWA perps.”
Ondo’s own data points have given traders a concrete reason to connect the SEC report to the token. Ondo Global Markets recently crossed $1 billion in total value locked less than eight months after its September 2025 launch. The platform holds more than 70% of the tokenized equity issuer market and has processed more than $18 billion in cumulative trading volume. It currently offers more than 260 tokenized US stocks and ETFs across Solana, Ethereum and BNB Chain.
Related Reading: Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress
Q&A
What is the significance of the SEC's framework for tokenized stocks?
The SEC's framework could allow digital versions of stocks to trade on decentralized platforms, potentially reshaping the stock market.
How much did ONDO's price increase after the SEC news?
ONDO's price increased by about 16%, trading near $0.390 after the announcement.
What is ONDO's market capitalization following the price surge?
Following the surge, ONDO's market capitalization is approximately $1.9 billion.
Which other projects might benefit from the SEC's proposed tokenized stock framework?
Hyperliquid is also expected to benefit, as it plays a role in on-chain derivatives related to tokenized stocks.
