TechFlow News: On May 22, according to HTX market data, ONDO—the native token of Ondo Finance, a leading player in the RWA sector—rose 7.3% intraday, peaking at $0.44 before retreating to $0.429.
This intraday surge followed reports that China’s Securities Regulatory Commission plans to confiscate all illicit gains generated by Tiger Brokers, Futu Holdings, and Longbridge across their domestic and overseas entities. Over the past five days, ONDO has rallied 29% from its recent low.
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