Ondo to acquire a regulated broker for the launch of token actions

Ondo Finance tokenization platform

said that he had agreed to buy Oasis Pro, a regulated brokerage platform, laying the foundations to deploy tokenized actions in the coming months.

The acquisition, the price of which has not been disclosed, would give a package of American securities licenses: a broker and an alternative trade system (ATS) And the transfer agent regulated by the American Commission for Securities and Exchange, said a press release.

Tokenization companies have increasingly asked that regulated entities enter the American market as an interest in blockchain -based titles. The tokenization aims to provide traditional financial instruments such as bonds, shares and chain funds, promising faster and 24/7 regulations, broader access to investors and programmable transactions. Ripple, BCG, McKinsey and Standard Chartered reports have planned tokenized assets could play in billions of dollars during the next decade.

This year, Archax, based in the United Kingdom, has acquired the private markets of the broker regulated by Finra, to develop in the United States and Prometheum also announced a launch of an acquisition agent and broker transfer agent.

“This acquisition combines our brokerage platform and our licenses with the infrastructure and institutional quality products of Ondo, a full base for a regulated securities ecosystem,” said Pat Lavecchia, CEO of Oasis Pro Pat Lavecchia, which should join Ondo when the acquisition is closed.

Oasis Pro, founded in 2019 by, was one of the first American companies authorized to settle digital titles both in Fiat and Stablecoins like USDC and DAI. He also contributed to the development of the regulatory policy through the Crypto Cryptographic Working Group.

Ondo, which already manages more than $ 1.4 billion in tokenized assets, said that he planned to deploy actions to Tokenized for non-American investors via his global market platform in the coming months. Exchanges such as Robinhood, Gemini, Kraken and Bybit recently submitted similar offers.

The agreement is awaiting regulatory approval.

Read more: Ondo, Pantera Capital to invest $ 250 million in real asset projects

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