Ondo Finance Acquires Oasis Pro, Unlocking U.S. Regulatory Path for Tokenized Assets
Ondo Finance, a pioneer in tokenizing real-world assets, has completed a significant acquisition on October 6, 2023. The deal sees Ondo Finance acquire Oasis Pro, a U.S.-based digital asset broker-dealer and operator of an alternative trading system. This move unlocks a rare regulatory pathway for Ondo Finance to build and operate fully regulated marketplaces for tokenized financial products in the U.S.
Ondo Finance, led by CEO and founder Nathan Allman, finalized the acquisition of Oasis Pro. This strategic move provides Ondo with a comprehensive suite of licenses and infrastructure necessary for developing regulated, tokenized securities markets in the U.S. The acquisition brings SEC and FINRA licenses under Ondo's umbrella, allowing it to operate regulated U.S. markets for tokenized securities.
With over $1.6 billion in assets under management across its flagship tokenized offerings, Ondo Finance strengthens its position in the market. Oasis Pro's infrastructure, which enables settlement in both fiat and stablecoins, further bolsters Ondo's ability to bridge traditional and digital finance. The deal also brings broker-dealer, ATS, and transfer agent registrations under Ondo, expanding its reach and capabilities in real-world asset tokenization.
The acquisition of Oasis Pro by Ondo Finance marks a significant milestone in the evolution of tokenized financial products. With its new regulatory licenses and expanded infrastructure, Ondo Finance is well-positioned to lead the development of regulated, tokenized securities markets in the U.S. This deal not only expands Ondo's reach but also paves the way for wider adoption of tokenized assets, bridging the gap between traditional and digital finance.
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