Ondo Finance appoints former SEC official Peter Curley to lead global regulatory strategy for RWA tokenization. Governments are moving to establish clear frameworks for tokenized assets as the market surpasses $28 billion. Despite growth, consistent regulations are lacking, prompting platforms like Ondo Finance to advocate for a unified global standard.
Regulatory approaches to tokenization vary globally: the U.S. uses the Howey Test to regulate tokenized assets under SEC jurisdiction, while the EU’s MiCA framework differentiates asset-backed tokens as securities or crypto-assets. Dubai’s VARA licenses large-scale tokenization projects, highlighting the need for regulatory clarity in the tokenization market.
By hiring Curley, Ondo Finance aims to lead the regulatory dialogue in the evolving tokenized finance space. The move positions Ondo as a pioneer in formalizing regulatory strategy amid growing institutional interest in RWA tokenization. The industry seeks clear guidelines as tokenization continues to gain traction globally.
Read more at Yahoo Finance: Ondo Finance Taps Ex-SEC Policy Veteran Peter Curley To Drive Global Tokenization Strategy
