Ondo Finance Acquires Oasis Pro for U.S. Securities Licenses

Ondo Finance has announced its acquisition of Oasis Pro, a U.S.-regulated brokerage platform. This strategic move, pending regulatory approval, will equip Ondo with essential U.S. securities licenses, including broker-dealer, Alternative Trading System (ATS), and transfer agent registration. These licenses are crucial for Ondo's expanding role in the tokenized securities market, enabling it to settle digital securities in both fiat and stablecoins like USDC.

Oasis Pro, founded in 2019, was one of the first U.S. firms authorized to settle digital securities using both fiat and stablecoins. The platform has also been actively involved in regulatory discussions, participating in FINRA’s Crypto Working Group. Pat LaVecchia, CEO of Oasis Pro, expressed enthusiasm about the acquisition, stating that it combines Oasis Pro's brokerage platform and licenses with Ondo’s institutional-grade infrastructure, creating a comprehensive foundation for a regulated tokenized securities ecosystem. LaVecchia is set to join the Ondo team following the completion of the transaction.

This acquisition aligns with the growing demand for tokenized financial instruments, which involve bringing traditional assets like stocks, bonds, and funds onto blockchain systems. Tokenization offers benefits such as faster settlement, wider access, and programmable features. The move by Ondo Finance is part of a broader trend in the industry, with other firms like Archax and Prometheum also entering the U.S. market by acquiring licensed broker-dealers.

In addition to the acquisition, Ondo Finance has partnered with Pantera Capital to launch Ondo Catalyst, a $250 million initiative focused on real-world asset (RWA) tokenization. This program aims to support both equity investments and token-based projects, further expanding blockchain adoption in traditional markets. As regulatory approvals proceed, Ondo is preparing to roll out new services to institutional and global clients, reinforcing its position as a leader in tokenized finance.

Ondo Finance's acquisition of Oasis Pro is a significant step in its strategy to broaden its reach, particularly in the U.S. market. With over $1.4 billion in tokenized assets already under management, Ondo plans to offer tokenized stocks to non-U.S. investors through its Global Markets platform in the coming months. This move underscores Ondo's commitment to leveraging blockchain technology to revolutionize traditional financial markets.