Ondo Finance has appointed Allison Parent as its new chief policy officer, a strategic move aimed at strengthening dialogue with regulators and lawmakers amid intensifying scrutiny of tokenized assets. The announcement was made via an official press release from the company.
Parent joins Ondo from the Global Financial Markets Association (GFMA), where she served as executive director for nine years, representing the world's leading capital markets participants. Her extensive background includes senior roles at Barclays and the Bank of England, as well as serving as legal counsel to the United States Senate Budget Committee, where she participated in drafting the Dodd-Frank Act following the 2008 financial crisis.
"Parent's appointment reflects the next phase of our work: industry collaboration with regulators around the world as tokenized assets enter the financial mainstream," the company stated in its release.
Ondo Finance launched OUSG in 2023, its institutional short-term Treasuries fund, and currently manages approximately $2 billion in total value locked across its fixed income products. In September 2025, the firm debuted Ondo Global Markets, a platform for tokenized equities and ETFs that reached $1 billion in value locked in just eight months, according to John Hoffman, managing director and head of product portfolios.
Meanwhile, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are intensifying their regulatory activity over the crypto industry. Federal legislation remains stalled, with the Clarity Act — the bill designed to comprehensively regulate digital assets for the first time — facing obstacles ranging from disputes between banks and crypto firms over stablecoin rewards to conflicts of interest surrounding President Donald Trump. A procedural vote is scheduled for mid-September, though the legislative calendar is tight with November elections approaching.
"Balanced regulatory policy means weighing growth and innovation against market integrity, consumer protection, and overall financial stability," Parent stated in the release.
