Ondo Perps Explores U.S. Entry as Regulators Shift Course
- —CEO David Wells called the U.S. market a "huge opportunity" for Ondo Perps
- —A U.S. product would need separate clearing and settlement arrangements
- —Ondo sent letters to the SEC and CFTC citing the Commodity Futures Modernization Act of 2000
- —Coinbase filed with the CFTC on September 18 to list single-stock perpetual futures
Why it matters: A U.S. entry by Ondo could move equity perpetuals into the regulated framework instead of offshore venues.
Source: CoinCentral