Loading cryptocurrency prices...

Ondo Finance Acquires Oasis Pro, Gains Key US Regulatory Licenses

Ondo Finance Acquires Oasis Pro Markets, Securing Three Key U.S. Regulatory Licenses for Tokenized Finance Expansion

  • Ondo Finance acquires Oasis Pro Markets to expand its regulatory access for tokenized finance in the U.S.
  • The acquisition gives Ondo three major U.S. regulatory licenses: broker-dealer, Alternative Trading System (ATS), and Transfer Agent registration.
  • Oasis Pro operates as a FINRA member and supports settlement of digital securities using both U.S. dollars and stablecoins.
  • Ondo’s products have previously targeted offshore and accredited investors to stay within regulatory requirements.
  • This deal puts Ondo in a small group of U.S. digital securities firms with all three key regulatory licenses.

Ondo Finance, a blockchain company managing about $1.4 billion in assets, has acquired Oasis Pro Markets, a move that grants the firm access to broad U.S. regulatory licenses for its tokenization activities. This purchase brings Ondo an SEC-registered broker-dealer license, an Alternative Trading System (ATS) license, and registration as a Transfer Agent.

- Advertisement -

With these new licenses, Ondo Finance will now be able to expand its product offerings in the United States, according to the company. Before the acquisition, Ondo Finance had focused primarily on offshore investors with its yield token, USDY, which gives holders exposure to short-term U.S. Treasury securities. Its onshore offering, the OUSG token backed by tokenized money market funds, was only available to accredited investors under a Regulation D exemption.

Oasis Pro Markets was founded in 2019 and holds membership with FINRA, the U.S. regulator for broker-dealers. The company was among the first U.S.-regulated ATS platforms that can settle digital securities trades using both U.S. dollars and stablecoins, which are cryptocurrencies tied to real-world assets like the dollar.

“This unlocks the next major chapter of tokenized finance,” said Nathan Allman, CEO of Ondo Finance. “This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.” Pat LaVecchia, CEO of Oasis Pro, will also join the Ondo Finance team as part of the deal.

While several startups in the sector have individual broker-dealer or ATS licenses, only a few, such as Securitize—best known for partnering with BlackRock on an on-chain money market fund—and Figure Technologies, have all three U.S. regulatory credentials.

- Advertisement -

This development signals a step forward for Ondo Finance as it seeks to build a regulated, tokenized financial system in the United States.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

IBM Unveils 120-Qubit Nighthawk Chip, Aiming for Quantum Advantage by 2026

IBM unveiled the Nighthawk and Quantum Loon quantum processors, marking significant progress toward verified...

Nvidia Eyes $200 Return Amid AI Growth and Strategic Deals

NVIDIA stock has encountered resistance near $200 but rose 5% over the last month...

JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the...

Report: 16 Blockchains Have Built-in Fund Freezing Mechanisms

Sixteen blockchains have built-in fund freezing features, while 19 more can add this with...

Peraire-Bueno Bros Face Retrial in $25M Ethereum Fraud Case

Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering...
- Advertisement -

Must Read

What Are Anonymous Debit Cards And How Do They Work?

You've heard about anonymous debit cards, but what are they really? Anonymous Debit Cards are cards that let you make purchases without revealing your...