Ondo Finance acquires U.S.-regulated digital asset trading firm Oasis Pro, gaining SEC and FINRA licenses. This move arms Ondo with infrastructure to issue and trade tokenized securities in the U.S., a market projected to exceed $18 trillion by 2033. The acquisition positions Ondo as a key player in the evolving tokenized securities landscape.
With the acquisition of Oasis Pro, Ondo now possesses an SEC-registered broker-dealer, an Alternative Trading System (ATS), and a Transfer Agent (TA). These licenses create a regulated on-chain capital market for Ondo, enabling activities like tokenization of real-world assets, primary offerings for tokenized securities, and secondary trading for digital assets.
Nathan Allman, CEO of Ondo Finance, emphasizes the significance of the acquisition, stating it provides the necessary licenses and infrastructure to develop compliant and regulated tokenized securities markets in the U.S. This move reinforces Ondo’s commitment to building a transparent, accessible, and compliant financial system on-chain.
Ondo, already managing over $1.76 billion in assets, gains a competitive edge in the fast-growing tokenized securities market through the Oasis Pro deal. Tokenization of securities is projected to exceed $18 trillion by 2033, making the capture of U.S. investors crucial. Oasis Pro’s regulatory pedigree positions Ondo as a leader in the highly regulated financial sector.
Pat LaVecchia, CEO of Oasis Pro, sees the acquisition as a union of infrastructure and ambition, uniting talent, expertise, and regulatory compliance to build a leading platform in digital assets. This strategic combination solidifies Ondo’s position as a trusted and regulatory-compliant player in the digital asset space.
Read more at Yahoo Finance: Ondo’s Oasis Pro Deal Opens the Floodgates to US investors in Tokenized Assets
