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Ondo Finance Acquires Oasis Pro to Expand US Tokenized Securities Access - Crypto News Flash
Ondo Finance has acquired Oasis Pro—an SEC-licensed entity that operates as a broker-dealer, alternative trading platform (ATS), and transfer agent. This means that Ondo is now not only playing in the asset tokenization realm, but also has a legal path to bring traditional financial products directly to the blockchain. The pieces of its strategy are starting to come together one by one.
With this acquisition, Ondo Finance is opening the door wider to legally introducing tokenized securities in the United States. They now have everything they need to offer a regulated digital version of their stock trading service.
And what’s more interesting, Ondo is also preparing to launch its Global Markets platform, which will allow investors outside the US to access tokenized stocks. So, this is not just big news for the US market, but also a move that could resonate globally.
Connecting Real-World Assets to Global Payment Rails
On the other hand, in March, Ondo partnered with Mastercard to expand the scope of real-world asset (RWA) tokenization. Through this collaboration, Ondo becomes part of Mastercard’s Multi-Token Network (MTN), with its OUSG product—a short-term US government bond in token form—ready to be integrated directly into Mastercard’s payment network.
The impact? Businesses that join the MTN will automatically gain access to financial assets that are usually only available through traditional channels.
Furthermore, in May, Ondo Finance also partnered with TruBit, a popular payments and trading platform in Latin America. They want to expand the distribution of USDY, a stablecoin product combined with the yield of US government bonds.
Just imagine, retail investors in countries like Mexico or Argentina could store value in the form of digital dollars, while still receiving yields. For people facing high inflation, this could be a pretty reasonable solution.
And on the other hand, CNF recently reported that Ondo, together with Pantera Capital, has launched a $250 million fund to support startups engaged in the tokenization sector. The focus will not only be on bonds and stocks, but also include private assets and cross-blockchain infrastructure. So, it can be said that the acquisition of Oasis Pro is just part of the big puzzle they are putting together.
Ondo Finance Gains Legal Edge with Strategic Acquisition
What Ondo is doing is interesting because they are trying to bridge two worlds that have often been considered at odds: the world of traditional finance and the world of digital assets.
They know that in order for tokenized securities to be truly accepted by the global market, it requires not only technology, but also legal credibility. And by acquiring Oasis Pro, that license is now in their hands. No need to rely on third parties anymore.
Interestingly, Oasis Pro CEO Pat LaVecchia will also join the Ondo Finance team after the acquisition is complete. LaVecchia has long been known in the world of digital finance and understands very well how to play in the US regulatory area which is known for being strict. So, Ondo is not only buying a license, but also securing the experience and network that comes with it.
Not only that, Ondo’s move also creates new pressure for other players who have already offered tokenized stocks. Names like Robinhood, Kraken, Gemini, and Bybit now have competitors who are not only strong technologically, but also legally established.
Besides that, as of the writing time, ONDO is changing hands at about $0.7752, up 4.73% over the last 7 days, with $140.12 million in daily trading volume.