ONDO Makes Strategic Move: Acquires SEC-Regulated Oasis Pro to Boost Tokenized Securities
Ondo Finance has finalized an agreement to acquire Oasis Pro and all its subsidiaries, a strategic step toward developing regulated frameworks for tokenized securities in the U.S. This acquisition provides ONDO with access to Oasis Pro's SEC-regulated broker-dealer, Alternative Trading System (ATS), and transfer agent.
Despite the announcement, Ondo's native token ONDO dipped 3%, testing support NEAR a rising trendline. The deal is designed to merge decentralized finance with traditional regulatory compliance, offering blockchain-based financial products to U.S. investors.
"This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system," stated Nathan Allman, CEO of Ondo Finance. The move aligns with Ondo's recent focus on expanding real-world asset tokenization.