Kash Patel, director of the Federal Bureau of Investigation (FBI) , reportedly omitted reporting exposure to Bitcoin treasury company Strategy, in violation of federal law.According to a Wednesday report from the nonpartisan nonprofit news agency NOTUS, Patel “inadvertently omitted” a Strategy (MSTR) investment worth as much as $250,000. The purchase, which Patel conducted on Nov. 21, 2025, wasn’t included in his December 2025 financial disclosures, as required for a government official under the Stop Trading on Congressional Knowledge (STOCK) Act.Source: NOTUSPatel filed an amended report on May 26, indicating that the Strategy holdings were “inadvertently omitted” and “no current conflict exists” with the investment. Under the STOCK Act, some government officials and lawmakers must disclose financial transactions exceeding $1,000 no later than 45 days after executing the trade. Strategy, formerly known as MicroStrategy, is a registered US government contractor, raising concerns about conflicts of interest with Patel’s investments.Although signed into law in 2012, the STOCK Act has come under fire from many in Congress who claim that lawmakers and White House officials who violate it do not face severe penalties. First-time violators are only subject to a $200 fine under the law, with additional penalties falling short of the hundreds of thousands and millions of dollars offered in disclosures.Related: Apple fixes bug that allowed FBI to read deleted Signal messagesPatel isn’t the only member of Congress or policymaker to fall behind in his Strategy investment disclosures. According to Capitol Trades, a website tracking politicians’ investments, Representative Shri Thanedar waited until August 2025 to report a $15,001 to $50,000 investment in Strategy made in June 2024.Trump discloses $1.4 billion in crypto-related incomeThe FBI director’s reported late disclosures came in the wake of President Donald Trump’s release of financial records that revealed that his cryptocurrency ventures generated more than $1.4 billion in income in 2025, exceeding that of his real estate businesses. Many US lawmakers have criticized the president for profiting from his position while in office through his memecoin launch, his family’s crypto platform World Liberty Financial, and his sons’ Bitcoin mining venture.Magazine: Big Questions: Do we really only need 2–5 cryptocurrencies?

Ondo Finance is adding shareholder voting rights to its tokenized stocks and exchange-traded funds (ETFs) through a partnership with financial infrastructure provider Broadridge, addressing one of the key limitations of blockchain-based securities.The companies announced Thursday that holders of more than 250 tokenized securities issued through Ondo will be able to participate in proxy voting and access corporate communications, including regulatory filings and other shareholder documents.The integration uses a Web3-enabled version of Broadridge’s investor communications platform, allowing users to authenticate with blockchain wallets while accessing governance services typically reserved for shareholders in traditional markets.The move comes as tokenized equities gain momentum among digital asset companies seeking to bring conventional financial products onchain. While tokenization promises faster settlement and around-the-clock trading, questions have remained over whether investors would receive the governance rights that accompany traditional direct stock ownership.Source: Ondo FinanceOndo said the governance features will accompany the launch of its first US custodial tokenized securities, including tokenized versions of BlackRock’s iShares Core S&P 500 ETF (IVV) and Micron Technology (MU). The company said the assets are the first issued under the US Securities and Exchange Commission’s third-party custodial framework for tokenized securities.Related: Blockchain.com deepens onchain stock offerings as tokenized equities market growsCompetition heats up in tokenized equitiesThe market for tokenized stocks has expanded rapidly this year, as its total value first surpassed $1 billion in March, according to Foresight Ventures. Data published by Ondo on Wednesday showed the market has since grown to $1.67 billion, with nearly 181,000 unique holders.Ondo is one of several companies competing for a share of the fast-growing market. Backed Finance, which issues tokenized stocks through its xStocks platform, has also expanded its footprint, with its products now available across multiple crypto exchanges and blockchain networks.The market for tokenized stocks has grown nearly 14-fold since May 2025. Source: Ondo FinanceTokenization has emerged as one of crypto’s fastest-growing sectors in 2026, defying broader market weakness. A recent 21shares report attributed the trend to rising institutional adoption and improving infrastructure. Separate data from Binance showed the value of tokenized real-world assets, including stocks, has surged nearly 600% over the past year.Related: Crypto Biz: The cost of stacking satsCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.