DeFiance Daily – The SEC has formally closed its confidential Biden-era investigation into Ondo without bringing any charges. The inquiry focused on whether Ondo’s tokenized Treasuries and the ONDO token complied with securities laws. Its closure signals a clearer regulatory runway for real-world asset tokenization in the U.S. and reinforces a trend of digital asset cases resolving cleanly, similar to the recent clarity Ripple secured around XRP’s secondary-market status.