Catenaa, Friday, October 10, 2025-Ondo Finance has finalized its acquisition of Oasis Pro, an SEC-licensed broker-dealer, as the company ramps up its U.S. tokenized securities operations.
The acquisition, first announced in July, provides Ondo with broker-dealer and transfer agent licenses, enabling compliant issuance and trading of digital securities.
Ondo CEO Nathan Allman said the acquisition positions the firm with “the most comprehensive suite of licenses and infrastructure necessary to develop regulated tokenized securities markets in the U.S.”
The company previously launched 24/7 on-chain access to over 100 U.S. stocks and ETFs for users in Asia, Europe, Africa, and Latin America, utilizing Ethereum-based tokens.
Oasis Pro, founded in 2019, was among the first U.S. firms approved to list and settle digital securities using fiat and stablecoins such as USDC and DAI.
Its licenses are expected to enhance Ondo’s ability to expand tokenized equity offerings to U.S. investors.
Ondo currently manages over $1.6 billion in assets, providing non-U.S. investors with products including tokenized Treasurys (OUSG) and yield-bearing USDY tokens.
The move follows growing institutional interest in tokenized equities, with major firms such as Robinhood, Kraken, Gemini, and Coinbase exploring similar initiatives.
A Ripple and Boston Consulting Group report projects the tokenized asset market could surpass $18 trillion by 2033. Nasdaq recently filed a rule change requiring tokenized shares to carry equivalent rights to the underlying security for unified trading and execution priority.
