Ondo Finance is urging the U.S. Securities and Exchange Commission (SEC) to delay a proposed rule change from Nasdaq that would allow for the trading of tokenized securities. In a letter submitted Wednesday, the tokenization firm raised concerns over what it sees as a lack of transparency and a potential threat to fair market access. The issue centers on Nasdaq’s plan to amend its rules to support tokenized asset trading. While Nasdaq says it expects the Depository Trust Company (DTC), the central cleari ...