According to CoinMeta, ondo and finance submitted a letter of opinion to the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), recommending the introduction of perpetual futures for individual stocks within the United States. Since its launch about 6 weeks ago, the platform has seen a cumulative trading volume of $8 billion and manages tokenized real-world assets worth approximately $2.6 billion.