- Ondo Finance acquired Oasis Pro, gaining broker-dealer, ATS, and transfer agent licenses.
- The CEO of Ondo Finance notes this move as the next major chapter of tokenized finance.
- Experts project that the market for tokenized financial assets might exceed $18 trillion by 2033.
Ondo Finance has revealed its acquisition of Oasis Pro, a regulated U.S. financial firm, highlighting a major move in growing its tokenized securities operations. The deal was announced on July 4, aligned with the 250th anniversary of U.S. independence. It also includes a broker-dealer, an Alternative Trading System (ATS), and a Transfer Agent (TA) registered with the SEC.
The move gives Ondo a complete set of digital asset licenses, strengthening its infrastructure to develop blockchain-based financial products for the U.S. market. This acquisition also brings Oasis Pro CEO Pat LaVecchia onto Ondo’s executive team. He is expected to take a key role in driving future growth that is aligned with regulations.
Institutional-Grade Compliance and Market Access
Oasis Pro, founded in 2019, is a registered entity under the SEC and is part of the Financial Industry Regulatory Authority (FINRA). It was one of the initial U.S. firms authorized to settle digital securities with both fiat currencies and stablecoins such as USDC and DAI. Additionally, Oasis Pro has engaged in FINRA’s Crypto Working Group, which contributed to creating regulatory frameworks for tokenized assets in the U.S.
With this acquisition, Ondo Finance secures a strong position in the U.S. tokenization market, which is expected to grow quickly. The deal provides the legal and operational framework needed to issue and trade tokenized securities under full regulatory compliance.
Nathan Allman, CEO of Ondo Finance, described the development as “unlocking the next major chapter of tokenized finance.” He emphasized that combining Oasis Pro’s compliance structure with Ondo’s infrastructure will allow the company to scale regulated blockchain products effectively across the U.S.
Related: GF Securities, HashKey Launch Tokenized Assets in Hong Kong
Global Market of Tokenized Securities
Furthermore, the transaction follows Ondo’s recent announcement of its $250 million Catalyst Fund, a collaborative effort with Pantera Capital aimed at real-world asset (RWA) tokenization. The fund highlights Ondo’s dedication to expanding access to tokenized financial products worldwide.
With over $1.4 billion in assets already under management, Ondo plans to soon introduce tokenized stocks for non-U.S. investors via its Global Markets platform. The company partners with various crypto wallets, exchanges and protocols to distribute these products. According to its latest statement, U.S. access will be based on the regulated foundation established through Oasis Pro.
Tokenized securities are digital versions of traditional assets such as stocks, bonds, and funds, issued and settled via blockchain networks. Experts project that the market for these tokenized financial assets might exceed $18 trillion by 2033. The sector has already reached nearly $25 billion in total on-chain value, mainly driven by U.S. Treasury debt and private credit assets.
Source: Rwa.xyz
Ondo Strengthens Position in The Tokenization Sector
By acquiring Oasis Pro, Ondo joins an expanding group of companies racing to establish regulated channels for blockchain-based securities. Other recent developments include U.K.-based Archax acquiring Globacap and Prometheum launching its own broker-dealer and transfer agent services.
Ondo’s latest acquisition positions it to compete directly with firms like Kraken, Robinhood, and Gemini, which have launched tokenized stock offerings for non-U.S. investors. The addition of U.S. regulatory infrastructure now sets the stage for Ondo to expand its services domestically.
The deal is waiting for final approval from the government. If the acquisition passes, it might speed up the introduction of tokenized financial instruments to U.S. markets. The firm’s goal is to offer 24/7 settlement, wider access, and programmable financial products.
