Ondo Finance Hits 3B Market Market Amide Sec Tokenization

Finance finance received market capitalization of three billion dollars after a strong set partially fueled by a recent meeting with US Securities Commissions.

According to Cripto.News price tragerThe market capitalization of the protocol has reached 3.16 billion dollars, marking the first time that it has crossed the level of three billion dollars from 8. Marta. Of this writing, on this writing, ondo (Indicate) It trades about $ 1.01, for 16% of the previous day. The 24-hour scope of trading increased by 147% to over 600 million dollars, pointing to the establishment of interest in the project.

The increase in prices coincided with reports that Ondo Finance team met with Secu to present a plan for the tokenization of American financial assets. As export Crypto.NEVS 24. April 24. April, the management team of the company joined by legal representatives of Davis Polk and Wardwell to discuss how traditional financial regulations apply to tokenized securities.

The meeting also included important subjects such as legal registration, brokerage-dealer regulations and market surveillance. The team proposed possible sandy initiatives or regulatory exemptions to encourage innovation during investor protection. The news seems to have had a positive effect on the market.

With a significant amount, Ondo has now surpassed $ 1.00, and the price price is comforted above important short-term and medium-term moving average. The growing demand is marked with a relative strength index, which is currently under 65. Other indicators, such as momentum and average average, propose short-term trend, and average convergence / divergence is moving in real estate territory.

But not every indicator in agreement. The more careful attitude remains reflected on long-term average average, especially 200-day trendline. If he swung, he could proceed rise As still as 53% below their top of $ 2.14.