Ondo Finance Strengthens US Tokenized Security Offerings with Oasis Pro Acquisition
- DeFi protocol Ondo Finance has acquired Oasis Pro, a registered broker-dealer and infrastructure provider for real-world assets.
- Oasis Pro is registered with the US Securities and Exchange Commission (SEC) as a broker-dealer, Alternative Trading System (ATS), and Transfer Agent (TA).
- The acquisition aims to expand Ondo Finance’s foothold in the regulated tokenized securities market in the United States.
- Oasis Pro CEO Pat LaVecchia will join Ondo as part of the acquisition deal.
- Tokenization is gaining traction with onchain financial assets nearing $25 billion in cumulative value, driven by major industry players.
Ondo Finance’s acquisition of Oasis Pro marks a strategic move to enhance its offerings in the tokenized securities market within the United States, leveraging Oasis Pro’s SEC registrations and expertise. This aligns with Ondo’s broader strategy to lead in the rapidly growing field of real-world asset tokenization.
The expansion into regulated markets is crucial for Ondo Finance as it positions itself at the forefront of an industry where onchain financial assets are approaching $25 billion in value, highlighting significant growth potential in tokenized securities. Source
