Ondo Finance Acquires Oasis Pro for US Tokenized Securities Access

Ondo Finance, a prominent tokenization protocol, has announced the acquisition of Oasis Pro, a fully registered brokerage under US regulations. This strategic move is part of Ondo's broader initiative to provide regulated access to tokenized securities, with a particular focus on US-based investors. The acquisition includes Oasis Pro Markets LLC, a subsidiary of Oasis Pro, Inc., which will grant Ondo access to essential infrastructure and market reach.

Oasis Pro is recognized for its pioneering role in Alternative Trading Systems (ATS), authorized to support digital settlements in both fiat and stablecoins. As a SEC-registered broker-dealer, Oasis Pro is well-positioned to handle digital asset products and is an active member of FINRA’s Crypto Working Group, influencing the regulatory framework for asset tokenization in the US market.

Nathan Allman, CEO of Ondo Finance, expressed enthusiasm about the acquisition, stating, “This unlocks the next major chapter of tokenized finance.” He also welcomed Pat LaVecchia, CEO of Oasis Pro, to the Ondo team, highlighting LaVecchia's extensive experience in the digital asset space and his expertise in building regulatory-compliant platforms.

Ondo Finance has already established a robust infrastructure comprising custodians, public chain infrastructure, and liquidity protocols. The platform has successfully tokenized over $1.4 billion in assets, primarily fixed-income securities, bonds, and money markets. With the acquisition of Oasis Pro, Ondo aims to expand its offerings to include tokenized stocks, which are digital assets backed 1:1 by publicly traded shares with fully on-chain settlement.

The tokenized equity market is anticipated to grow significantly, with Ondo projecting it to reach $18 trillion by 2033 if it becomes a widely accepted standard. Ondo plans to offer tokenized stocks to global investors in collaboration with existing wallets, exchanges, and protocols. Currently, the tokenized stocks asset class is valued under $400 million, but it is expected to expand with the growth of platforms like XStocks, which offers tokenized shares on the Solana network.

Oasis Pro has a proven track record in tokenizing various investment products since its inception in 2019. The brokerage has tokenized alternative assets, such as bringing the diamond market to the Avalanche chain in 2024. By combining crypto infrastructure with a fully regulated license, Oasis Pro has removed some of the obstacles to tokenization. Ondo's ambitious plans for tokenized real-world assets (RWAs) and wider adoption are expected to drive significant growth in the sector.