Ondo Finance has formally called on the Securities and Exchange Commission and the Commodity Futures Trading Commission to allow perpetual futures tied to individual US-listed stocks to opera
Ondo Finance has formally called on the Securities and Exchange Commission and the Commodity Futures Trading Commission to allow perpetual futures tied to individual US-listed stocks to operate inside the United States, arguing that existing law already permits it.
The tokenised real-world asset firm submitted three comment letters dated Aug. 24 to the SEC and CFTC, contending that the country’s current security futures framework can accommodate perpetual stock futures without requiring new legislation. The letters also address modern margining practices and the use of onchain market data.
