19 February 2025Europe Reporter: Clelia Frondaroli
The company says it will now be able to offer regulated and localised crypto services to 28 European Economic Area (EEA) countries through their headquarters in Malta
This move will see institutional investors gaining access to Ondo’s short-term US government Treasuries (OUSG) through a secure and transparent infrastructure
The rule had required reporting entities that act as custodians for crypto assets to include safeguarding liabilities and the corresponding assets as footnotes to financial statements
The survey, produced by the digital assets platform, highlighted that only 25 per cent of respondents said they were already prepared to be compliant with the incoming regulation
The issuing of the license is said to solidify the company’s position as a regulated infrastructure provider for banks, brokers, and asset managers across the region
