The European Commission has rejected calls from major tech firms to delay its AI Act

The European Commission has dismissed requests from major tech companies to delay implementing its AI law. Artificial intelligence is finally getting a comprehensive regulatory framework despite industry leaders’ insistence that the new European regulations will slow innovation. On Friday, the European Commission firmly dismissed calls from tech giants and EU-based companies asking it to pause or delay the rollout of the European Union’s landmark Artificial Intelligence Act (AI Act). EU rejects industry calls to delay AI law Thomas Regnier, a commission spokesperson, clarified in a press briefing that the legislation will proceed exactly as planned. That means the EU will not consider a pause, grace period, or postponement, despite mounting complaints about compliance costs and operational burdens. “I’ve seen, indeed, a lot of reporting, a lot of letters, and a lot of things being said on the AI Act. Let me be as clear as possible: there is no stop the clock. There is no grace period. There is no pause,” Regnier stated. The AI Act will be the world’s first comprehensive framework for regulating artificial intelligence and was officially adopted earlier this year after intense negotiations among the EU’s 27 member states and institutions. The Act categorizes AI systems by risk level and imposes progressively stricter obligations based on that classification. It particularly targets general-purpose AI (GPAI) models and high-risk applications such as biometric surveillance and critical infrastructure. Provisions of the law began taking effect in February of 2025. Obligations for general-purpose AI models will begin in August 2025, while the strictest rules that target high-risk AI systems will apply starting in August 2026. In recent days, major U.S. firms such as Google’s parent company Alphabet and Meta, as well as European firms like Dutch semiconductor giant ASML and French AI startup Mistral , have urged the Commission to delay the law’s implementation, with some even proposing delays of several years. These companies are arguing that the regulatory burdens imposed by the AI Act may stifle innovation and unfairly penalize smaller players who lack the legal and financial resources to navigate complex compliance frameworks. Several have also raised alarm over the law’s extraterritorial implications, which could affect non-EU developers whose models are deployed within the Union. The EU is one of the first to implement an AI regulatory framework The Commission acknowledged the challenges raised by stakeholders and is pursuing a parallel effort to streamline broader digital regulations in the EU. According to Regnier, a proposal to simplify and reduce administrative reporting obligations is expected by the end of 2025. However, this initiative is separate from the AI Act and is not intended to delay or weaken its core provisions. “We understand that small companies have different capacities, and we want to ensure rules are proportionate,” Regnier said . “But this does not mean pausing the AI Act or rewriting the legal timelines already in place.” The bloc sees its legal frameworks as a template that could influence global standards, much as its General Data Protection Regulation (GDPR) has done in the privacy and data protection industry. The AI Act also introduces fines reaching up to €35M or 7% of global turnover, depending on the severity of non-compliance or violation. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

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ChatGPT’s 42-Signal Analysis Spots SOL Breakout on $33M of Staking

ChatGPT’s AI model processed 42 live indicators, revealing mixed consolidation indicators as Solana (SOL) holds at $146.56 amid a historic staking ETF launch, which generated $33 million in first-day volume and ranks among the top 10 ETF launches of 2025 . DeFi Dev Corp’s new $112.5 million convertible note intends to accumulate SOL while institutional demand accelerates. SOL , trading below 20-day EMA ( $148.60 ) and below key resistance at 50-day EMA ( $151.28 ), consolidates within a critical decision zone as revolutionary staking ETF breaks traditional barriers. Source: Cryptonews The market cap remains at $78.37 billion, with an 11.14% decline in trading volume, worth $3.42 billion, showing waning institutional bid. The following analysis synthesizes ChatGPT’s 42 real-time technical indicators, staking ETF developments, institutional accumulation metrics, and ecosystem fundamentals to assess SOL’s 90-day trajectory amid the first-ever U.S. staking ETF breakthrough. Technical Crossroads: Mixed Signals Define Critical Consolidation Solana’s current price of $146.76 reflects a 4.24% daily decline, establishing a significant trading range between $153.88 (high) and $145.22 (low). RSI at 47.64 sits closely in a neutral range, indicating balanced momentum without directional bias. Source: TradingView MACD indicators display conflicting signals, with the MACD line at 1.26 trading significantly above zero, confirming underlying bullish momentum. However, the negative histogram at -2.16 suggests momentum divergence requiring careful monitoring. The complex EMA positioning reveals SOL’s current technical dilemma, as it trades below the 20-day EMA ( $148.64 ), providing short-term support, but faces resistance from the 50-day EMA ( $151.30 ), 100-day EMA ( $153.90 ), and 200-day EMA ( $159.23 ). This creates a narrow decision zone where breakout direction determines trend continuation. Source: TradingView Staking ETF Shift: $33M First-Day Volume Shocks Market The launch of the first-ever U.S. staking ETF achieved unprecedented success with $33 million in first-day trading volume , ranking among the top 10 ETF launches of 2025 out of 900 total launches. Bloomberg’s senior ETF analyst has confirmed this exceptional performance validates massive institutional demand for yield-generating crypto exposure. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc — Eric Balchunas (@EricBalchunas) July 2, 2025 REX Solana Staking ETF (SSK) provides a new combination of SOL price appreciation and staking rewards, addressing the key limitation identified by institutional investors. The staking component generates approximately 7–8% annual returns through on-chain validation rewards, greatly exceeding traditional fixed-income alternatives. Nine major asset managers, including Invesco , Galaxy , VanEck, and Fidelity, have filed additional applications for Solana ETFs, with Bloomberg analysts projecting a 98% approval probability by July 2025 . Solana ETF approval by July 31 is 98% likely, based on Polymarket. pic.twitter.com/OMLXGM0p7V — Beejorn.crypto – Bjorn Hardarson (@beejorn) July 2, 2025 Historical Context: Recovery from Correction Establishes Base Solana’s 2025 performance demonstrates remarkable resilience following January’s all-time high of $294.33 . The subsequent correction to February’s $148.03 and March’s $124.69 established key support levels that continue to provide a foundation for the current consolidation. April–May recovery to $147.64 and $160.80, respectively, demonstrated accumulation patterns that attracted institutional interest. June’s $154.74 close established the current trading range boundaries that define ongoing consolidation dynamics. Current price action represents a 49% discount to all-time highs, providing attractive institutional entry points while maintaining extraordinary gains of over 30,000% from the 2020 lows. This risk-reward profile appeals to institutional investors seeking exposure to proven blockchain infrastructure. Support & Resistance: EMA Confluence Creates Decision Zone Immediate support emerges at today’s low around $149.86 , reinforced by strong 20-day EMA support at $148.67 . This convergence provides a foundation for any retracements during the current institutional positioning, while maintaining an uptrend structure. Major support zones extend from $140.00 to $145.00, representing previous accumulation levels, followed by strong support at $130.00-$135.00, corresponding to the lows of the March correction. These levels provide multiple safety nets that appeal to institutional risk management. Source: TradingView Resistance begins immediately at the 50-day EMA at $151.41 , representing the first hurdle for continued bullish momentum. The key resistance cluster occurs between the 100-day EMA ( $154.00 ) and the 200-day EMA ( $159.34 ), creating a challenging overhead supply zone. Breaking above $159.34 would indicate a complete technical reversal and momentum acceleration toward the previous resistance at $180.00–$185.00 . The ultimate target remains the historical resistance zone around $260.00–$270.00, representing previous cycle highs. Ecosystem Fundamentals: High-Performance Infrastructure Drives Growth Solana maintains its position as the sixth-largest cryptocurrency, with a 2.41% market dominance, distinguished by processing over 65,000 transactions per second and achieving sub-second finality. These technical capabilities support rapidly expanding applications across DeFi, NFTs, and payment solutions. Network activity reveals 4.2 million active weekly wallets, representing a 32% growth over 90 days , which demonstrates sustained user adoption beyond speculative trading. Source: TokenTerminal Application revenue exceeded $1 billion for two consecutive quarters, indicating economic viability and productivity of Solana’s ecosystem. Market Metrics: Explosive Volume Confirms Institutional Interest Solana maintains an $81.64 billion market capitalization with an exceptional 24-hour trading volume of $4.59 billion , representing a massive 49.49% surge. The volume-to-market cap ratio of 5.5% indicates intense institutional positioning ahead of regulatory catalysts. The circulating supply of 534.73 million SOL represents 88% of the total supply, providing transparency that appeals to institutional treasury management. Current pricing is 49% below all-time highs, providing attractive institutional entry points while maintaining substantial appreciation potential. Social Sentiment: Community Optimism Builds on ETF Success LunarCrush data reveals strong community engagement, with a Galaxy Score of 31, indicating negative sentiment momentum is building around the success of staking ETFs. The 82% positive sentiment reflects the community’s enthusiasm for institutional validation and technical developments. $SOL looking best chart i have ever seen. SOL hitting hard fundamentally too and this is just broke the downtrend and the reason is immense utility. And every action is pointing us towards only one thing. SOL pump is coming and targets is 280$-300$. What's your plans buying… pic.twitter.com/fIgKz5qdW1 — ALexia (@Alex1i9) July 3, 2025 Social dominance of 13.5% with 22.25 million total engagements demonstrates Solana’s ability to capture strong attention relative to market developments. The 150.59K mentions and 35.51K creators contributing to discussions validate sustained community interest. $SOL is showing signs of a bullish reversal after forming a double bottom near $141.84 and an inverse head and shoulders pattern. The price bounced from a major low at $125.99 and is now attempting a pullback around $153.00. #Solana #Tradingview pic.twitter.com/kPU6SsXnZ9 — BitGuru (@bitgu_ru) July 3, 2025 The Fear and Greed Index, at 74, indicates strong bullish sentiment, with the RSI at 62.4 providing moderate momentum without indicating overbought conditions. This balanced optimism supports sustained appreciation rather than speculative excess. 90-Day SOL Price Forecast ETF-Driven Institutional Surge (Bull Case – 45% Probability) Continued ETF inflows, combined with additional institutional accumulation, could drive appreciation toward $200–$240 , representing a 33–55% upside. This scenario requires a successful breakout above $159.34 resistance with sustained volume confirmation. Source: TradingView Technical targets include $180 , $200 , and $230 based on historical resistance levels and institutional flow patterns. The staking component could attract yield-focused institutional investors seeking alternatives to traditional fixed income. Consolidation Extension (Base Case – 40% Probability) Continued range-bound trading between $145 and $165 could persist through Q3 2025, as institutional positioning develops gradually. This scenario allows technical indicators to reset as the ETF adoption process progresses. Source: TradingView Support at the 20-day EMA around $148.67 would likely hold during consolidation, with volume normalizing around 2–3 million SOL daily. This sideways action provides accumulation opportunities without substantial downside risk. Technical Correction (Bear Case – 15% Probability) Breaking below the $148.67 support level could trigger a correction toward $130-$140 , representing a 14-19% downside. This scenario would require broader market weakness or disappointment in institutional demand. Source: TradingView The strong fundamental backdrop and institutional adoption trends limit extreme downside scenarios, with major support at $130–$135 providing key long-term trend support. SOL Forecast: Key Levels to Monitor Solana’s positioning reflects the convergence of technical consolidation and accelerating institutional adoption. The current consolidation between $148 and $160 creates an optimal positioning for breakout acceleration. Technical indicators suggest a key decision point, with support above the 20-day EMA while facing resistance from higher EMAs. Institutional validation through ETF success provides fundamental support, positioning SOL for sustained appreciation as adoption accelerates throughout 2025 . Last Updated: July 4, 2025. This article has been updated with the latest SOL market data, including current price action, percentage gains, key technical indicators, market capitalization, daily trading volume, and RSI levels to provide readers with the most current analysis. The post ChatGPT’s 42-Signal Analysis Spots SOL Breakout on $33M of Staking appeared first on Cryptonews .

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Binance Names Gillian Lynch Head of EU Operations, Potentially Enhancing BNB Compliance and Market Position

Binance appoints Gillian Lynch as Head of EU and UK Operations, marking a strategic move to bolster compliance and growth across European crypto markets. Lynch’s extensive fintech and digital assets

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Vitalik Buterin Suggests Ethereum Privacy and U.S. Regulation Could Shape Future Digital Freedoms and Security

Vitalik Buterin’s recent statements emphasize the urgent need for stronger digital freedoms and enhanced privacy protections in the evolving crypto landscape, particularly within the United States. His comments highlight the

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Chainlink Holds Above $12 Support Amid Reduced Exchange Supply and Growing CCIP Adoption Potential

Chainlink ($LINK) sustains bullish momentum by holding above the critical $12 support level, driven by reduced exchange supply and expanding CCIP adoption. On-chain metrics reveal a significant outflow of 220

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Bitcoin Holders Wait with Huge Unrealized Profits

Bitcoin investors hold $1.2 trillion in unrealized profits, opting for long-term holding. Liveliness indicates Bitcoins are held longer, suggesting potential market stability. Continue Reading: Bitcoin Holders Wait with Huge Unrealized Profits The post Bitcoin Holders Wait with Huge Unrealized Profits appeared first on COINTURK NEWS .

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Elon Musk’s America Party Meme Coin Sees Surge Amid Uncertain Third-Party Political Prospects

Elon Musk’s announcement to launch The America Party following the Big Beautiful Bill’s passage has sparked widespread debate and a surge in related meme coins. Despite over 60% community support

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Monero price prediction 2025-2031: Should you buy XMR now?

Key takeaways: Monero price prediction suggests a bullish trend, with XMR anticipated to reach $687.91 by the end of 2025. XMR could reach a maximum price of $1,429.27 by the end of 2028. By 2031, Monero’s price may surge to $2,328.52. Monero (XMR) stands out in the cryptocurrency space for its strong focus on privacy and decentralization of transactions, making it one of the leading privacy focused cryptocurrencies. This makes it a popular choice for privacy advocates and those prioritizing security. The Monero ecosystem constantly evolves, marked by significant milestones like enhanced protocol upgrades and growing adoption across various sectors, which underscore its utility. As Monero progresses, many wonder about its future price trajectory. Will its unique features drive significant value growth, as many traders speculate? Can it sustain its competitive edge in the ever-evolving crypto market? Will XMR recapture its ATH at $517.62 in the long term forecast? Overview Cryptocurrency Monero Token XMR Price $317.38 (+1.7%) Market Cap $5.85 Billion Trading Volume (24-hour) $90.3 Million Circulating Supply 18,446,744.07 XMR All-time High $517.62 May 07, 2021 All-time Low $0.213, Jan 15, 2015 24-h High $323.19 24-h Low $312.44 Monero price prediction: Technical analysis Sentiment Bullish 50-Day SMA $334.88 200-Day SMA $250.71 Price Prediction $675.24 (115.89%) F & G Index 10.95 (extreme fear) Green Days 12/30 (40%) 14-Day RSI 53.55 Monero price analysis TL;DR Breakdown Monero price shows a recovery toward $320 The XMR coin rose by over 4.5% at the time of writing. Monero price has support and resistance at $312 and $320, respectively. The Monero price analysis for July 4 shows some recovery as XMR consolidates around $320. Monero price analysis 1-day chart: XMR sticks to $320 The 24-hour XMR/USD price chart indicates a mixed market sentiment as the altcoin observes an increase of more than 65% of its value in the last few days as XMR rose from the $220 price level to the $400 mark. However, after reaching the $400 mark, the price crashed sharply to the $310 level where it has hovered since then. XMRUSDT Chart By TradingView The indicators reflect the decreasing bullish price sentiment, as all three major technical indicators show neutral signs. The MACD is bullish at 1.73 units and shows falling bullish pressure at the current price level. The RSI also shares this sentiment as it stabilized toward 49.77 level suggesting room for further movement in either direction. The converging Bollinger Bands suggest lower volatility, indicating that the $310 support may hold for the week. Monero price analysis 4-hour chart The 4-hour price chart shows that Monero rapidly recovered after the price broke down below the descending trend’s bottom line. Currently the bulls seek to cross $325. XMRUSDT Chart By TradingView The RSI is at 49.76, suggesting bullish momentum as the price climbs back towards the $320 mark. The MACD, at -0.81, shows low bearish momentum on the 4-hour charts. Additionally, the EMAs are rising from the mean value, it suggests an optimistic market sentiment. These indicators collectively indicate a rising bullish trend below the $320 level, suggesting a climb towards higher supports. Monero technical indicators: Levels and actions Daily simple moving average (SMA) Period Value Action SMA 3 $ 284.35 BUY SMA 5 $ 302.18 BUY SMA 10 $ 307.39 BUY SMA 21 $ 310.17 BUY SMA 50 $ 333.96 SELL SMA 100 $ 288.63 BUY SMA 200 $ 236.42 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 319.36 BUY EMA 5 $ 316.04 BUY EMA 10 $ 295.88 BUY EMA 21 $ 266.59 BUY EMA 50 $ 241.22 BUY EMA 100 $ 225.18 BUY EMA 200 $ 205.94 BUY What to expect from Monero price analysis? XMRUSDT Chart By TradingView Monero price analysis shows that XMR saw a great start to this month as the price rose to the $360. However, the sharp crash to the $320 mark suggests strong bearish pressure. As expected, the price fell below $300 but was defended well below the well enabling a swift recovery. Now the bulls seek to go higher. According to our analysis, we expect the XMR price to rise towards the $335 mark after brief consolidation below the $325 mark. However, the bulls need to breach the $320 level and establish a foothold above $325 to initiate a rally. Is Monero a good investment? Monero is an attractive investment because it emphasizes privacy and security, utilizing advanced cryptographic techniques to ensure transaction confidentiality. Its growing adoption across various use cases and a decentralized development model enhance its long-term potential. With a limited supply and increasing investor interest, Monero offers a unique opportunity for those seeking financial autonomy and privacy to invest in cryptocurrency. However, investors should remain cautious of regulatory risks and market volatility when considering Monero as part of their portfolio, making it essential to seek investment advice . Why is XMR up today? Monero rapidly recovered after the price broke down below the descending trend’s bottom line with the bulls seeking to go past $325. Will XMR recover to its all-time high? Monero is expected to recover toward its all-time high of $518 by mid-2026 as the privacy chain continues to reduce its tech debt and progresses toward greater utility and privacy. However, the platform might have to overcome regulatory scrutiny and challenges before it can see mass adoption. How much will Monero be worth in 5 years? The Monero price prediction for 2030 suggests a minimum price of $1,048.76 and an average trading price of $1,142.11 . The maximum forecasted price is set at $1,208.35. Will XMR reach $1000? The chance of Monero (XMR) hitting $1,000 hinges on various factors, which will influence its future price movements . The adoption of privacy transactions and technological advances could increase demand. Favorable regulations and market sentiment toward privacy coins would also help. Yet, regulatory risks, competition, and market volatility are challenges. $1,000 is possible with favorable conditions, especially considering the current price but market dynamics and regulations will shape its path. Does XMR have a good long-term future? Monero (XMR) has the potential for a strong long-term future due to its focus on privacy and security, which makes it attractive to users seeking anonymity. However, regulatory scrutiny and notoriety from being the favored medium for some past criminals impact the current monero sentiment, making it challenging to become the star of the market. Monero’s commitment to privacy gives it a solid foundation for long-term growth, but it must carefully navigate market and regulatory landscapes. Recent news/ opinion on Monero Monero recently announced the FCMP++ Optimization Competition to optimize the helioselene and ec-divisors libraries used in Monero’s upcoming Upgrade. The competition’s deadline has now been extended to July 10. We're excited to announce the FCMP++ Optimization Competition to optimize the helioselene and ec-divisors libraries used in Monero's upcoming Full-Chain Membership Proofs (FCMP++) upgrade, with prizes of 100 XMR (helioselene) and 250 XMR (ec-divisors)! — Monero (XMR) (@monero) April 9, 2025 Monero price prediction July 2025 The XMR price prediction for July 2025 suggests a minimum value of $280.49 and an average price of $312.77. The price could reach a maximum of $418.00 during the month, reflecting the broader category of digital assets . Month Minimum Price ($) Average Price ($) Maximum Price ($) July 280.49 312.77 418.00 Monero price prediction 2025 The Monero price prediction for 2025 anticipates a potential increase driven by growing adoption, with a maximum price forecasted at $687.91. Based on current analysis, investors can expect an average trading price of $670.43, while the minimum price could be around $280.49. Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 280.49 670.43 687.91 Monero price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 671.62 749.93 782.43 2027 920.58 1,106.90 1,137.71 2028 1,204.11 1,380.98 1,429.27 2029 1,485.01 1,617.19 1,710.99 2030 2,110.40 2,283.86 2,328.52 2031 3,048.93 3,258.86 3,277.22 Monero Price Prediction 2026 According to the updated XMR price forecast for 2026, Monero is projected to have a minimum trading price of $671.62. The expected maximum price could reach $782.43, with an average price hovering around $749.93. Monero Price Prediction 2027 In 2027, Monero’s value is forecasted to continue its upward trend, with the minimum price expected at $920.58, the maximum price at $1,137.71, and an average price of approximately $1,106.90. Monero Price Prediction 2028 For 2028, Monero is anticipated to trade at a minimum of $1,204.11, while the average price is expected to be $1,380.98, and the maximum price could climb to $1,429.27. Monero Price Prediction 2029 The price outlook for 2029 remains the same as in 2028, with Monero predicted to maintain a minimum of $1,204.11, an average of $1,380.98, and a maximum of $1,429.27. Monero Price Prediction 2030 By 2030, Monero is forecasted to achieve a minimum trading price of $1,485.01, with an average around $1,617.19 and a potential peak of $1,710.99. Monero Price Prediction 2031 In 2031, Monero’s price is expected to reach a minimum of $2,110.40, while averaging $2,283.86. The maximum projected value is $2,328.52. Monero Price Predictions 2025-2031 Monero market price prediction: Analysts’ XMR price forecast Firm 2025 2026 Coingecko $420.93 $568.19 Digitalcoinprice $349.23 $478.65 Cryptopolitan’s Monero (XMR) price prediction Cryptopolitan’s Monero price forecast suggests a bullish outlook for XMR’s future should the market recover. According to expert analysis, Monero could reach a maximum price of $687.91, record a minimum price of $280.49, and trade at an average price of $670.43 by the end of 2025. Monero historic price sentiment Monero’s market value has changed dramatically since its launch in 2014, from less than $1 to over $475. May 2021 marked the highest point in Monero’s history. Monero’s price projections revealed the coin’s security. They provide investors with optimism that they will be freed from the persecution of some authorities simply by buying or selling Monero. Monero price history; Source: Coinmarketcap Across 2023, Monero’s price rose by 11.49%. The highest price was $278.56, and the lowest was $114.16. In January 2024, Monero stayed stable around the $150.00 mark as market momentum remained low. However, the stability was short-lived as February crashed to $101.95. However, XMR showed swift recovery as it closed the month near the $150.00 level again. In March and April 2024, XMR saw a steady decline from $150.00 to $120.00, where it found key support. In May 2024, XMR observed steady bullish pressure as the price rose from $120.00, approaching resistance at $150. In June 2024, Monero (XMR) traded within the $150 – $175 price range as either side struggled to make a clear breakthrough. In July, the crypto traded around the $155 mark as the price volatility remained relatively low. XMR opened trading at $156.05 in August and ended the month at $176.00, making remarkable gains. September was bearish for the asset, as the price declined below the $160 mark by the end of the month. In October, Monero observed a steep crash and has been making a swift recovery since then. In December, Monero made remarkable strides as the asset’s price broke past the $220 mark, albeit briefly as it closed the month below $200. In January, Monero saw a bullish January as the price rose from below the $200 mark to $238 by the end of the month. In February, the price fell towards the $215 mark as bears dominate the markets. In March, the price observes mixed momentum and closed the month slightly below $215. In April the consolidation continued until late into the month when it spiked past the $325 mark before ending the month around $275. In May the price continued rising rapidly as the bulls cruised past $300 ending the month around $320. During June the price continued to observe high volatility but observed low net change as the asset closed the month around $313.

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US Congress Passes Invest America Act

Exactly a year from today, on the country’s 250th birthday, July 4, 2026, every American child will receive a $1,000 investment account at birth funded by the federal government. Thanks to the Invest America Act which was passed by Congress earlier today. The act was introduced by Texas Republican Senator Ted Cruz, and in addition

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DeFi Real World Assets Tokenizing Platform Ondo Finance Acquires SEC-Regulated Broker Dealer Oasis Pro

A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance ( ONDO ) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On the 250th birthday of America, we are proud to announce we’re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro – including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent – laying the groundwork for Ondo to develop a regulated tokenized securities ecosystem for blockchain-based financial products for US investors.” Real-world tokenization enables investors to represent ownership of physical assets, such as stocks or real estate, as tokens on a blockchain, making them easily interchangeable. According to Ondo, Oasis Pro was one of the first ATS protocols – or mechanisms that transfer funds outside the confines of the traditional financial system – approved by regulators for use in the digital assets industry. As stated by Nathan Allman, chief executive of Ondo, in a company blog post , “This unlocks the next major chapter of tokenized finance. This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.” ONDO is trading for $0.774 at time of writing, a marginal decrease during the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post DeFi Real World Assets Tokenizing Platform Ondo Finance Acquires SEC-Regulated Broker Dealer Oasis Pro appeared first on The Daily Hodl .

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