Ondo Finance completes the acquisition of Oasis Pro and obtains SEC approval to expand into the U.S. tokenization securities market.

ONDO-2,32%

PANews reported on October 6 that RWA (Real World Assets) tokenization protocol Ondo Finance has successfully completed the acquisition of regulated digital asset broker-dealer Oasis Pro. This strategic acquisition allows Ondo Finance to obtain a comprehensive set of licenses and infrastructure, including a broker-dealer registered with the SEC, alternative trading systems (ATS), and transfer agents (TA), enabling it to develop and provide a compliant tokenized securities market within the United States. Oasis Pro's infrastructure supports the tokenization, issuance, transfer, and secondary trading of RWA and is one of the first regulated ATS in the U.S. authorized to use stablecoins for digital securities settlement. Ondo CEO Nathan Allman stated that through this merger, Ondo is committed to building a transparent, accessible, and compliant on-chain financial system and accelerating the development of the tokenized securities market in the U.S.

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