Ondo Finance Acquires Oasis Pro

in hive-175254 •  14 days ago 

Another important turning point has come in the world of tokenized finance, where Ondo Finance has acquired SEC-registered Oasis Pro. During this, Oasis Pro CEO Pat LaVeckia said that this acquisition is not only strategically beneficial for Ondo, but is a big step for the entire digital assets ecosystem.

This acquisition combines our brokerage platform and license with Ondo's current institutional, grade basic infrastructure and products, which will join Ondo after the deal. Ondo CEO Nathan Allman said that this deal will open the next major chapter of tokenized finance.

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Confluence of traditional finance and blockchain

According to Ondo CEO Nathan Allman, this acquisition is the key to the next chapter of tokenized finance. This can move the financial system forward rapidly, as Ondo Finance is already managing tokenized assets worth more than $1.4 billion. Recently, a $250 million initiative called Ondo Catalyst has also been launched in collaboration with Pantera Capital, which aims to promote Real-World Asset Tokenization worldwide.

Now, with the acquisition of Oasis Pro, Ondo will further advance its global markets strategy. The company plans to offer tokenized stocks to investors outside the US in the coming days.

If we talk about the present planning of the company, then these licenses will strengthen the tokenization platform of Ondo Finance, which manages assets worth more than $1.4 billion and provides services to non-US investors at a large scale.

Its products include tokenized Treasuries (OUSG) and yield-bearing tokens such as USDY. The company also recently enabled OUSG minting and redemption on the XRP Ledger and plans to launch tokenized US equities for foreign customers through its Global Markets platform.

Ondo Finance Receives Major Financial Permissions

Ondo Finance has now received three important US regulatory licenses, SEC-registered Brokerage Dealer, Alternative Trading System (ATS) and Transfer Agent. Through these licenses, Ondo Finance can now legally issue, trade and transfer tokenized assets in the US securities market.

This move is a major milestone in the field of tokenization and moves towards integrating blockchain technology deeper into the US financial system. Ondo Finance is now becoming a more secure and legitimate option for institutional investors.

Game-changer for tokenization industry

I believe that the acquisition of Oasis Pro by Ondo Finance can prove to be a game-changer for the tokenization industry. This deal is not just a merger of two companies but a sign of growing trust between the traditional financial system and blockchain. Ondo has not only secured regulatory approval but also demonstrated its “compliance-first” approach by integrating with a licensed platform like Oasis. This will give confidence to institutional investors and provide wider legitimacy to the tokenization process of real world assets. This is like the beginning of the next era of finance.

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