** Ondo ** Finance to Buy SEC-Regulated Broker Oasis Pro for U.S. Tokenized Stock Push.
Ondo said it agreed to buy Oasis Pro, a regulated brokerage platform, laying the groundwork for rolling out tokenized stocks in the coming months.
Ondo, which already manages over $1.4 billion in tokenized assets, said it plans to roll out tokenized stocks for non-U.S. investors via its Global Markets platform in the coming months. Exchanges including Robinhood, Gemini, Kraken, and Bybit have introduced similar offerings recently.
The deal is pending regulatory approval.
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Source: Yahoo Finance