Ondo Finance Doubles Down on RWAs: Acquires Oasis Pro in Game-Changing Brokerage Move
Ondo Finance just placed its biggest bet yet on real-world assets (RWAs)—snapping up Oasis Pro Markets to dominate tokenized securities.
The acquisition turns Ondo into a one-stop shop for institutional crypto traders. Now they can swap memecoins before lunch and trade tokenized Treasuries by closing bell.
Why it matters: This isn't your DeFi dad's brokerage. Oasis Pro brings regulatory-approved infrastructure for stocks, bonds, and—let's be honest—whatever Wall Street wants to tokenize next.
The cynical take: Because nothing screams 'decentralization' like recreating traditional finance with extra steps.
Bottom line: Ondo's playing chess while others play checkers. The race to bridge crypto and legacy markets just got real.
Ondo Finance expands to tokenized stocks
Ondo Finance announced the acquisition just as tokenized stocks were becoming the next hot asset class. Ondo sees tokenized stocks as digital assets backed 1:1 by publicly traded shares, where settlement is fully on-chain.
Currently, there is still no clear standard of tokenized stocks, with some platforms offering informal representation of existing shares. Robinhood recently offered tokenized private equity, though later the platform had to explain the token holders were not entitled to an actual share or decisions in private companies.
Ondo expected the tokenized equity market to increase to $18 trillion by 2033 if accepted as a standard. Ondo also aims to offer tokenized stocks for global investors, in partnership with existing wallets, exchanges, and protocols.
Current data shows that tokenized stocks are still an asset class valued under $400M. The sector may expand with the growth of XStocks, which offers tokenized shares on the solana network.
Oasis Pro already offers tokenized products
The Oasis Pro brokerage already has years of experience with tokenizing various investment products. The brokerage has existed since 2019, limiting its tokenization to private placements.
The brokerage has even tokenized alternative assets, bringing the diamond market to the Avalanche chain in 2024.
The brokerage combined crypto infrastructure with a fully regulated license for trading multiple asset classes, removing some of the obstacles to tokenization.
The brokerage company is relatively small, though Ondo retains ambitious plans for tokenized RWAs and wider adoption. Currently, most RWAs are targeting accredited investors, and the tokens are not traded on crypto platforms.
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