Ondo Finance Acquires Oasis Pro to Strengthen Position in $16 Trillion Tokenization Market
Ondo Finance has made a strategic MOVE to dominate the burgeoning real-world asset (RWA) tokenization market with its acquisition of Oasis Pro. The deal solidifies Ondo's position as a key player in an industry poised to reshape global finance. Tokenization has quietly emerged as crypto's most consequential innovation since the 2014 launch of the first stablecoin—a sector that now commands a $264 billion market capitalization.
The RWA sector shows explosive growth, with rwa.xyz data revealing $24.8 billion in tokenized assets across 249 issuers. ethereum remains the primary platform, though Aptos, Stellar, Solana, and Algorand are gaining traction. Ondo's USDG and USDY products—tokenized U.S. Treasury offerings—now boast market caps of $710 million and $652 million respectively, with total value locked (TVL) showing strong weekly growth.