Introduction
Ondo Finance has completed its strategic acquisition of regulated digital asset platform Oasis Pro, positioning the company to develop compliant tokenized securities markets in the United States. The deal provides Ondo with critical SEC-registered broker-dealer and alternative trading system licenses, strengthening its position in the rapidly growing real-world asset tokenization space. This move comes as the tokenized asset market is projected to reach $18 trillion by 2033, with major platforms like Robinhood and Coinbase also expanding into tokenized equities.
Key Points
- Ondo gains SEC-registered broker-dealer, ATS, and transfer agent designations enabling compliant US tokenized securities operations
- Oasis Pro was founded in 2019 and was among first companies authorized for digital securities settlement in fiat and stablecoins
- Ondo currently manages over $1.6 billion in assets and offers tokenized Treasurys and yield-bearing tokens to non-US investors
Strategic Acquisition Creates Regulatory Foundation
The completed acquisition gives Ondo Finance access to Oasis Pro’s SEC-registered broker-dealer, alternative trading system (ATS), and transfer agent designations. These regulatory approvals are crucial for operating compliant markets for tokenized securities within the United States, where regulators have yet to establish clear frameworks for online equity trading. Oasis Pro, founded in 2019, operates as a FINRA-member broker-dealer and was among the first companies authorized to support digital securities settlement in both fiat and stablecoins.
Ondo Finance founder and CEO Nathan Allman emphasized the significance of this acquisition, stating: “We now have the most comprehensive suite of licenses and infrastructure necessary to develop compliant and regulated tokenized securities markets in the U.S. This acquisition makes Ondo’s offering one of the strongest commitments to building a transparent, accessible, and compliant financial system on-chain.” The company had first announced plans to acquire Oasis Pro in July, with the deal finalized this month.
Expanding Tokenized Asset Capabilities
Ondo Finance currently manages over $1.6 billion in assets, offering non-US investors products like tokenized Treasurys (OUSG) and yield-bearing USDY tokens. The acquisition significantly enhances Ondo’s ability to expand these services into the US market while maintaining regulatory compliance. The company had previously launched 24/7 on-chain access to over 100 US stocks and ETFs, starting with Ethereum, though these products were only available to investors in Asia, Europe, Africa, and Latin America.
Oasis Pro CEO Pat LaVecchia highlighted the strategic nature of the combination, stating: “This strategic combination unites an incredibly talented team, infrastructure, and expertise to build the leading trusted, regulatory-compliant platform in digital assets. We are excited to be part of this journey.” The integration of Oasis Pro’s regulatory framework with Ondo’s existing tokenization expertise creates a powerful foundation for US market expansion.
Growing Market Momentum for Tokenized Assets
The tokenized asset market is experiencing significant growth and institutional interest. A report by Ripple and the Boston Consulting Group predicted that the tokenized asset market could reach $18 trillion by 2033, indicating substantial potential for platforms like Ondo Finance. Major trading platforms including Robinhood, Kraken, Gemini, and Coinbase have also expressed interest in growing their tokenized equities business, signaling broader industry momentum.
Nasdaq has further validated the space by filing a rule change with the SEC stating that tokenized shares will carry the same rights and privileges as the underlying security, qualifying for unified trading and execution priority under the plan. This regulatory recognition provides important validation for the entire tokenized securities ecosystem and creates a more favorable environment for Ondo Finance’s expanded capabilities through the Oasis Pro acquisition.
📎 Related coverage from: co.uk