according to the materials of the site - By FinanceFeeds
Ondo Finance has completed the acquisition of Oasis Pro, licensed by the U.S. Securities and Exchange Commission (SEC)
Ondo Finance has completed the acquisition of Oasis Pro, an American brokerage firm licensed by the U.S. Securities and Exchange Commission (SEC). This move is part of Ondo's strategy to strengthen its tokenized securities business as the company expands its presence in the market.
"Now we have the most complete set of licenses and infrastructure necessary for the development of the tokenized securities market in the USA, meeting all regulatory requirements," said Nathan Allman, founder and CEO of Ondo Finance, in a statement released on Monday.
Ondo, managing assets worth over $1.6 billion, is expanding its offerings by implementing initiatives such as launching 24/7 on-chain access to over 100 US stocks and ETFs, including stocks traded on Ethereum. This service is available to users from Asia, Europe, Africa, and Latin America.
Oasis Pro, founded in 2019, operates a broker-dealer service registered with the U.S. Securities and Exchange Commission (SEC), as well as an alternative trading system (ATS) and transfer agent (TA). The company was one of the first to receive approval for listing and settlement of digital securities supported by payments in both fiat currencies and stablecoins such as USDC Circle and DAI Sky.
With the acquisition of licenses, Oasis Pro provided Ondo with the regulatory framework to offer trading in tokenized shares - a key service that could become a turning point in the evolving world of digital finance. Currently, the company offers investors outside the USA tokenized treasury bonds (OUSG) and income tokens USDY.
As the race to transfer traditional assets to blockchain accelerates, tokenization companies are acquiring regulated organizations to expedite their entry into the U.S. market. This model promises 24/7 trading, faster settlements, programmable ownership, and broader access for investors. The licenses will strengthen Ondo's existing tokenization platform, which manages assets worth over $1.4 billion and is primarily targeted at investors from other countries. Its products include tokenized treasury bonds (OUSG) and income tokens such as USDY. The company also recently launched the issuance and redemption of OUSG on the XRP Ledger and plans to launch tokenized U.S. stocks for overseas clients through its Global Markets platform.
An increasing number of crypto platforms, including Robinhood, Gemini, Kraken, and Bybit, are transitioning to offerings of tokenized assets against the backdrop of growing interest in real assets based on blockchain. According to DefiLlama, over $12 billion is currently locked in such protocols. Ripple and BCG predict that the tokenized asset market could reach $18 trillion by 2033.
Earlier this year, the British company Archax acquired the FINRA-regulated company Globacap to expand its business in the USA, while Prometheum announced plans to launch a broker-dealer and transfer agent service focused on tokenized securities.
In the regulatory sphere, Nasdaq recently submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to amend the rules such that tokenized shares must provide the same rights and privileges as the underlying securities in order to qualify for a unified priority of trading and execution.
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