Ondo Finance has filed a no-action letter request with the SEC for its Ondo Global Markets (OGM) product. OGM continues to offer tokenized notes providing exposure to U.S. stocks and ETFs to non-U.S. investors, with underlying securities and records maintained by BitGo. The proposed adjustment aims to record securities interests in tokenized form on the Ethereum mainnet under limited circumstances, enhancing collateral management and settlement processes.