Cryptocurrency News

Ondo Finance Acquires SEC-Licensed Tokenized Inventory Platform


Ondo Finance, a pacesetter in tokenized real-world property (RWAs), at the moment introduced its acquisition of Oasis Professional, together with its SEC-registered dealer, vendor, Various Buying and selling System (ATS), and Switch Agent licenses. 

With this announcement, Ondo Finance will turn out to be the one agency combining deep blockchain experience with an entire regulatory framework to difficulty, commerce, and settle tokenized securities. It is going to assist the DeFi platform to bridge the hole between conventional finance and decentralized markets. 

Nathan Allman, CEO of Ondo Finance, stated, “This unlocks the subsequent main chapter of tokenized finance. This acquisition will empower us to comprehend our imaginative and prescient of constructing a strong and accessible tokenized monetary system, backed by the strongest regulatory foundations.”

“We’re proud to hitch forces with Ondo Finance, a real innovator in tokenized finance,” Pat LaVecchia, CEO of Oasis Professional, stated. “This acquisition combines our brokerage platform and licenses with Ondo’s present institutional-grade infrastructure and merchandise, a complete basis for a regulated tokenized securities ecosystem.”

Ondo Finance Builds Regulated Tokenized Securities Hub

In response to the official announcement, the acquisition solves the crucial “final mile” downside for tokenized property, which is compliance. By integrating Oasis Professional’s licenses, together with its FINRA membership and SEC-approved ATS, Ondo can now provide institutional and retail traders blockchain-based securities with the identical protections as conventional markets. 

This comes as world regulators more and more scrutinize crypto-native platforms providing tokenized shares correct registration. 

The acquisition comes amid surging institutional demand for tokenized RWAs, which is projected to turn out to be an $18 trillion market by 2033. Ondo’s present $1.4 billion AUM in tokenized Treasury merchandise exhibits early traction. 

With the Oasis Professional acquisition, the DeFi platform is aiming for 3 alternatives:

  1. US Market Growth – SEC-approved buying and selling for tokenized shares and bonds
  2. 24/7 Settlement – Combining blockchain pace with regulated custody 
  3. International-USD Bridge – Non-US traders achieve entry through stablecoin settlement (already stay on Oasis Professional’s ATS)

On July 3, the Securities Business and Monetary Markets Affiliation (SIFMA) requested the U.S. Securities and Trade Fee (SEC) to reject requests from cryptocurrency corporations looking for particular permission to supply tokenized shares by writing a letter. 

In a letter to the SEC’s Crypto wing, SIFMA remarked that crypto corporations ought to comply with customary regulatory procedures as an alternative of receiving exemptions.

The letter reads: “SIFMA members have been studying with vital concern latest reviews indicating that sure digital asset corporations have submitted requests for instant no-action or exemptive reduction from necessities below the federal securities legal guidelines to permit such corporations to supply traders the power to buy and commerce tokenized equities or different digital types of conventional securities by the corporations’ platforms.”

With the rising demand for tokenization, many corporations are planning to difficulty tokenized shares. As an illustration, Robinhood Markets has launched tokenized U.S. shares and ETFs for European traders.

Additionally Learn: UAE Arrests WhiteRock_Fi’s Founder Over $30M ZKasino Rip-off

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