Ondo Finance Acquires SEC-Registered Broker-Dealer to Expand Tokenized Securities Offerings
Ondo Finance has strengthened its position in the tokenized securities market by acquiring Oasis Pro, a broker-dealer registered with the SEC and a member of FINRA. This strategic acquisition enables Ondo to enhance its regulated tokenized securities offerings in the United States, marking a significant development for the real-world asset (RWA) tokenization sector.
Acquisition Highlights
- Oasis Pro operates as an Alternative Trading System (ATS) and Transfer Agent (TA).
- Pat LaVecchia, Oasis Pro’s CEO, will join Ondo Finance as part of the deal.
- The financial terms of the acquisition were not disclosed.
Broadening Access to Tokenized Securities
With this acquisition, Ondo Finance is poised to extend its tokenized securities offerings to U.S. investors. This move complements the recent launch of the Ondo Catalyst fund, a collaboration with Pantera Capital aimed at supporting RWA projects. Together, these initiatives underscore Ondo’s commitment to leading the tokenization movement.
The Growing Appeal of Tokenized Securities
Tokenized securities, particularly in private credit and U.S. Treasury debt, are experiencing rapid growth. The market is approaching $25 billion in value, fueled by increasing interest from major industry players and evolving regulatory perspectives under SEC Chair Paul Atkins.
