Ondo Finance Acquires Oasis Pro to Expand US Tokenized Securities

Ondo Finance, a decentralized finance (DeFi) protocol, has completed the acquisition of Oasis Pro, an infrastructure provider for real-world assets (RWAs). This strategic move is aimed at bolstering Ondo Finance's tokenized security offerings in the United States. Oasis Pro, which is registered with the US Securities and Exchange Commission (SEC) as a broker-dealer, Alternative Trading System (ATS), and Transfer Agent (TA), provides Ondo Finance with a significant advantage in the regulated tokenized securities market.

The acquisition of Oasis Pro grants Ondo Finance the necessary licenses to operate in the US market, paving the way for fully compliant tokenized stock offerings. This development is particularly noteworthy as tokenized securities are becoming an increasingly important focus within the crypto industry. Early efforts in this area have primarily targeted offering tokenized US stocks and exchange-traded funds (ETFs) to investors outside the US. By acquiring Oasis Pro, Ondo Finance aims to extend these offerings to US investors, thereby expanding the reach and accessibility of tokenized securities.

Ondo Finance has not disclosed the financial terms of the deal but has confirmed that Oasis Pro CEO Pat LaVecchia will join Ondo as part of the acquisition. Oasis Pro has been a member of the Financial Industry Regulatory Authority (FINRA) since 2020 and has actively participated in the self-regulatory organization’s Crypto Working Group. This regulatory compliance and industry involvement further strengthen Ondo Finance's position in the market.

The acquisition of Oasis Pro comes on the heels of Ondo Finance launching the Ondo Catalyst fund, a joint venture with Pantera Capital aimed at investing $250 million in RWA projects. This investment is part of Ondo Finance's broader strategy to stay competitive in the rapidly evolving tokenization landscape. Tokenization is gaining traction among major industry players, including BlackRock, Franklin Templeton, Multibank, and Libre, which are already active in the market. The cumulative value of onchain financial assets is nearing $25 billion, with private credit and US Treasury debt being the largest RWA categories.

The regulatory environment in the US is also becoming more favorable for tokenization. Recent statements from SEC Chair Paul Atkins indicate a growing willingness among regulators to adopt crypto-friendly policies. This regulatory support, coupled with the industry's increasing adoption of tokenized RWAs, positions Ondo Finance well to capitalize on the growing demand for tokenized securities. The acquisition of Oasis Pro is a strategic move that aligns with Ondo Finance's vision of expanding its tokenized security offerings and solidifying its presence in the US market.