Ondo Finance acquires Oasis Pro to expand US tokenized securities market
DeFi protocol Ondo Finance acquires Oasis Pro, a regulated infrastructure provider for real-world assets in the US. Oasis Pro CEO will join Ondo as part of the deal. Tokenized securities market is growing, with firms like Kraken and Robinhood offering tokenized US stocks. Ondo aims to expand these offerings to US investors.
Ondo Finance launches Ondo Catalyst fund with Pantera Capital to invest $250 million in RWA projects. Tokenization “arms race” intensifies among major players like BlackRock and Franklin Templeton. Tokenized RWAs now total nearly $25 billion, with private credit and US Treasury debt leading. Regulators show interest in crypto-friendly policies under a potential second term of US President Donald Trump. SEC Chair Paul Atkins supports tokenization as an innovation, signaling a shift in regulatory approach.
Read more at Cointelegraph: Ondo Finance Acquires Oasis Pro to Expand US Tokenized Securities Market