BREAKING: Ondo Finance Acquires SEC-Licensed Firm to Bring Tokenized Assets to the U.S.
According to recent reports, Ondo Finance, a company specializing in tokenizing real-world assets (RWAs), has announced its acquisition of Oasis Pro, a U.S.-based financial technology firm holding multiple securities licenses. This strategic move grants Ondo crucial regulatory pillars including a broker-dealer registration, an Alternative Trading System (ATS), and transfer agent approval, essential for launching and operating compliant tokenized securities in the U.S. market.
Empowering U.S. Investors through Regulation
The acquisition marks a significant step towards providing U.S. investors access to tokenized assets, a feat previously hindered by stringent regulations. Nathan Allman, CEO of Ondo Finance, expressed, “This marks a pivotal moment for tokenized finance, allowing us to establish a transparent and robust tokenized financial ecosystem under stringent regulatory oversight.”
Comprehensive Regulatory Infrastructure
With the acquisition, Ondo Finance gains ownership of three pivotal entities within Oasis Pro Markets LLC:
- A SEC-registered broker-dealer and FINRA member
- An authorized Alternative Trading System for digital asset trading
- A registered Transfer Agent to maintain ownership records on the blockchain
These assets position Ondo Finance as a pioneer in offering compliant tokenized securities, bridging traditional finance with blockchain technology.
Sam Boolman’s Insight
According to Sam Boolman, ChainIntel’s lead analyst, “Ondo Finance’s acquisition of Oasis Pro signifies a major leap towards legitimizing tokenized assets in the U.S. market. This move underscores the industry’s evolution towards regulatory compliance and institutional adoption.”
Market Growth Projections
Tokenized assets, representing traditional securities on the blockchain, present a promising frontier for finance. Reports by Boston Consulting Group and Ripple suggest that tokenized real-world assets could reach a staggering $18.9 trillion by 2033. Institutional interest in tokenized bonds, real estate, and other assets is on the rise, driven by blockchain’s efficiency and transparency benefits.
Expanding Global Footprint
Having already launched tokenized products such as U.S. Treasury notes (OUSG) and yield-bearing stablecoins (USDY) globally, Ondo Finance manages over $1.4 billion in tokenized assets. The acquisition of Oasis Pro now paves the way for Ondo to introduce compliant offerings in the U.S. market.
Future Plans and Compliance
Subject to regulatory approval, Ondo will leverage Oasis Pro’s infrastructure to establish a fully compliant tokenized securities platform in the U.S. This platform will facilitate primary issuance, secondary trading, and settlement entirely on the blockchain, catering to both institutional and retail investors.
Conclusion
The acquisition of Oasis Pro by Ondo Finance represents a significant milestone in the tokenized securities landscape, positioning the company as a leader in regulated, blockchain-native finance. With a strong regulatory framework, Ondo is poised to drive the next phase of tokenization, offering investors a secure and compliant gateway to digital securities.
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