Ondo’s $8B Perps Push Challenges U.S. Crypto Rules, Urges SEC and CFTC Action Now

1 month ago 7

Rommie Analytics

Key Takeaways:

  • Ondo has submitted three comment letters requesting U.S. regulators to create new rules for blockchains.
  • The business firmly believes that perpetual futures, as well as modern margining and onchain data, can coexist with existing regulations.
  • Ondo is opposed to U.S.-listed stock perpetuals being offshore, and seeks them to be brought onshore.