[Regulatory Crackdown on Cross-Border Brokers, RWA Leader ONDO Rises 7% Briefly] Deep Tide TechFlow reports: On May 22, according to HTX market data, the native token ONDO of RWA sector leader Ondo Finance briefly surged 7.3%, reaching a high of $0.44 before temporarily retreating to $0.429. This short-term rise followed news reports stating that 'the China Securities Regulatory Commission plans to confiscate all illegal gains of Tiger Brokers, Futu, and Longbridge-related entities both domestically and abroad.' Over the past five days, ONDO has already risen 29% from its recent low.