DeFi Real World Assets Tokenizing Platform Ondo Finance Acquires SEC-Regulated Broker Dealer Oasis Pro
A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it’s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. “On the 250th birthday of America, we are proud to announce we’re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro – including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent – laying the groundwork for Ondo to develop a regulated tokenized securities ecosystem for blockchain-based financial products for US investors.” Real-world tokenization enables investors to represent ownership of physical assets, such as stocks or real estate, as tokens on a blockchain, making them easily inter...