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Ondo Finance Urges SEC to Delay Nasdaq's Tokenization Plan Over Transparency Gaps

The proposed rule change relies on Nasdaq’s vague understanding of how the Depository Trust Company (DTC) would handle post-trade settlement for these tokens.

🔗 Read Full Article

💡 DMK Insight

Insight: Nasdaq’s proposal raises eyebrows not just for its ambition but for its reliance on the DTC’s hazy grasp of post-trade settlements. This uncertainty could ripple through the market, leaving traders in a fog of speculation. If the DTC can’t clearly define the process, we might see a slowdown in institutional adoption, as firms hesitate to dive into murky waters. In the world of crypto, clarity is king, and without it, even the most promising innovations can stall.

📮 Takeaway

Watch for updates on DTC’s stance; clarity could unlock new trading opportunities.

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