Ondo Finance’s Bold Move: Acquiring Oasis Pro to Revolutionize Tokenized Securities

By acquiring the SEC-regulated brokerage Oasis Pro, Ondo Finance has taken a significant step in transforming traditional finance. This strategic cooperation is expected to pave the way for US investors to buy tokenized securities, potentially ushering in a new era of asset tokenization.

Why This Purchase is Important

Oasis Pro provides with the necessary regulatory infrastructure, including a licensed broker-dealer, an Alternative Trading System (ATS), and a registered transfer agent.   These components are critical for Ondo’s long-term goal of providing safe and legal blockchain-based financial products in the US market.   Nathan Allman, CEO of Ondo, stated that this move strengthens the foundation for a “robust and accessible tokenized financial system.”

Support from Big Players

This move comes shortly after Ondo collaborated with Pantera Capital to launch Ondo Catalyst, a $250 million fund that assists early-stage real-world asset (RWA) tokenization startups. JPMorgan Kinexys used Ondo’s technology to settle tokenized US Treasuries across chains on the Ondo Chain testnet, making it one of the first transactions to do so.

Tokenization: The Big Picture

With corporations such as BlackRock and Franklin Templeton launching blockchain-native treasury funds, the competition to tokenize traditional assets is heating up. Robinhood and Kraken are two platforms that have begun to provide tokenized versions of major equities and ETFs to investors throughout the world.

Also read: Ripple’s Bold Move Toward Banking: What a National License Could Mean for the Crypto Future