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The post ONDO Price Surges 17% After SEC Task Force Meeting: What’s Next? appeared first on Coinpedia Fintech News

The SEC’s crypto task force, led by hester peirce



Full Name

Hester Maria Peirce

Birth

1970, Ohio, US

Nationality

American

Education

Case Western Reserve University, Yale University

Marital Status

Unmarried

Net worth

To be updated

Peirce provides insightful directions on securities law as it applies to blockchain technology, bridging the gap between regulatory oversight and emerging crypto innovations. Her contributions continue to influence digital finance. Her work remains vital in today’s digital economy.
Hester Peirce  – A Career Timeline

2018: Appointed SEC Commissioner, advocating balanced crypto regulation and innovation.
2019: Championed clear digital asset frameworks to protect investors and promote market transparency.
2020: Influenced key blockchain policy discussions and integrated crypto-friendly securities guidelines.
2021: Advanced regulatory clarity for decentralized finance, emphasizing fair market practices.
2022: Recognized as “Crypto Mom” for her leading role in shaping digital asset oversight.

Awards & Recognization of Hester Peirce

Year

Recognizations

Description

2018

Emerging Regulatory Leader

Blockchain News – For her balanced approach to crypto regulation.

2019

Digital Finance Advocate Award

By Crypto Briefing for developing innovative policies in digital finance.

2020

Crypto Regulation Visionary

Awarded by Forbes for her forward-thinking stance on overseeing digital asset markets.

2021

50 over 50 Forbes list

For her contributions to investment policies.

2022

“Crypto Mom” Recognition

By Financial Times for her influential role in guiding the crypto regulatory landscape.

Useful Links to Connect With Hester Peirce

Platform

Links

X (formerly Twitter)

Hester Peirce (@HesterPeirce) / X

LinkedIn profile

https://www.linkedin.com/in/hester-peirce

SEC commissioner profile

https://www.sec.gov/commissioner/hpeirce


EntrepreneurInvestorFinanceCrypto and Blockchain Expert



is actively meeting with digital asset companies to create new regulations for the industry.

On April 24, the task force met with Ondo Finance and law firm Davis Polk & Wardwell. The discussion centered around the rules for tokenizing U.S. assets and how blockchain-based systems could comply with existing financial regulations.

Regulatory Sandboxes Take Center Stage

The session was mainly focused on creating regulatory sandboxes or relief options that could encourage innovation within the existing compliance systems. This approach shows Ondo’s commitment to providing legally compliant institutional-grade tokenization solutions through blockchain.

After the news, Ondo’s token price jumped 7.5%, crossing $1 and reaching a $3 billion valuation for the first time since March 7. The token is currently showing strong upward momentum as it trades above $1.03 with a surge of over 17% in the past 24 hours. 

Ondo Finance has previously donated $1 million to Donald Trump’s inauguration fund, and Davis Polk recently announced that it would represent Trump’s social media company, Truth Social, in launching crypto-linked ETFs.

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Analysts Eye Bullish Breakout

Technical analysis shows that Ondo’s price could continue to rise in the coming weeks after it emerged from a consolidation phase. If the price manages to close above $0.98, it could rise 21%, targeting $1.18. While the support level is at $0.81 and the next target is at $1.09, a breakout could further push the price to $1.20.

Besides, analyst Dami-Defi said that ONDO has broken out of its descending re-accumulation pattern and is gearing up for a macro-scale rally. The first target is $1.88, and if the momentum continues, it could reach $3.50. Another analyst suggests that Ondo could follow the trends of global money supply (M2), and something big might be on the horizon for the token.

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