# Ondo Finance Makes a Strategic Move in the Tokenization Space
Ondo Finance is making waves in the cryptocurrency world by acquiring Oasis Pro, a broker regulated by the SEC! 🚀 This clever move gives Ondo regulatory green light as a U.S. securities broker, alternative trading system, and transfer agent.
What’s exciting about this? Ondo is positioning itself to launch tokenized stocks and will soon offer services to investors outside the U.S. through its Global Markets platform. This acquisition is particularly valuable as Oasis Pro has been a pioneer in the compliant digital securities space, being one of the first approved to settle transactions using both traditional fiat currencies and stablecoins.
The transaction still requires approval from regulatory authorities, but once completed, Ondo plans to leverage the ATS license to operate a digital securities trading system, and Oasis Pro's CEO, Pat LaVecchia, will join the Ondo team.
This development signals growing institutional interest in moving traditional securities onto blockchain rails - a trend worth watching for cryptocurrency investors! 💼?
The above data has been researched and compiled by artificial intelligence and does not constitute investment advice.