The US SEC has just announced the end of its two-year investigation into Ondo Finance. To be honest, ONDO hasn’t done much market promotion in the US over the past two years, largely because this issue was hanging over them.

That said, in the long run, the tokenization of on-chain assets is definitely a major trend. The regulatory uncertainty being resolved is actually a positive for the project—at least they don’t have to be on edge every day anymore.

It reminds me of what happened with XRP before. After being targeted by the SEC, the price languished for two whole years, and then as soon as the investigation ended, it rebounded threefold. Now, the ONDO situation feels somewhat similar: the investigation is over, and the price has indeed taken quite a hit. In the short term, there should be room for a technical rebound.

Of course, a rebound is a rebound—you still need to consider your own risk tolerance before getting in. Now that the regulatory hurdle is cleared, it’s up to the project team to see if they can really deliver on the product and ecosystem.