Ondo Finance acquires Oasis Pro to expand offer of tokenized assets in the US

The acquisition gives Ondo Access to key licenses in the United States to operate with tokenized values, as well as to issue actions and bonds in networks Blockchain.

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• ONDO FINANCE acquires Oasis pro, operator registered with the Sec.
• The operation will allow to launch tokenized shares and bonds for investors in the US.
• The tokenized asset market could exceed USD $ 18 billion in 2033.

ONDO FINANCEa protocol DEFI Focused on real world assets (RWA), has announced the acquisition of Oasis Proa regulated platform in the United States that operates as a broker-of registered before the Bag and Securities Commission (SEC). With this transaction, the company seeks to expand its presence in traditional capital markets through the tokenization of shares and bonds.

Although the amount of the purchase was not revealed, the operation is still subject to the corresponding regulatory approval. If specified, it would mark an important step in the convergence between traditional finances and the crypto ecosystem, the team of Ondo in a statement published on its official page.

A strategic acquisition to advance in the tokenization sector

Oasis Profounded in 2019, is one of the few firms that has achieved approval to list and liquidate digital values ​​both in Fiat and Stablecoins coins, including USDC of Circle and Dai of Makerdao. In addition, an alternative negotiation platform (ATS) operates and acts as a transfers agent (TA), both under registration of the Sec.

According to Nathan Allman, CEO of ONDO FINANCEthis integration “It unlocks the next great chapter of tokenized finances.”

The regulatory permits that it provides Oasis Pro complement the existing infrastructure of ONDO, which already manages more than USD $ 1.4 billion in tokenized assets and offers products such as bonds of the Treasure Tokenized (OUSG) and tokens with performance called Usdy

Objectives: Tokenized actions and international expansion

Ondo Plan to use these licenses to launch, in the coming months, tokenized actions of American companies oriented to international investors. This movement will be made through its platform Global Markets, within the framework of a growing boom of tokenized assets in public block chains.

Besides, Ondo has recently expanded its operations by allowing the issuance and redemption of Ousg on the network XRP Ledger, which reinforces its multared strategy.

This expansion is aligned with a generalized trend in the sector: companies such as Robinhood, Kraken, Gemini and Bybit They have also launched similar products that offer exposure to real actions of actions through decentralized technology.

Under the context of growing interest in RWA, The acquisition of Oasis Pro positions a Ondo as a key actor in the process of institutionalization of decentralized finances. With the licenses obtained, the firm would be able to offer regulated products to investors both inside and outside the United States, closing the gap between traditional markets and the crypto ecosystem.

What does this imply for the defi ecosystem?

Integration between regulated actors and protocols DEFI It is becoming increasingly relevant. These types of operations not only legitimize asset token, but also open new access roads for institutional investors, who until now remained out of the margin due to lack of legal clarity.

The passage of Ondo could also put pressure on other platforms DEFI to acquire licenses or associate with regulated intermediaries, which would accelerate convergence between the two worlds.

Meanwhile, the attention will be placed on the final regulatory approval, which will determine when and how Ondo You can start fully operating with tokenized digital values ​​on American soil.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Unspash

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