Ondo Finance Acquires Oasis Pro to Expand into U.S. Tokenized Stocks
Ethereum-based decentralized finance platform Ondo Finance has acquired Isle Blockchain AG, trading as Oasis Pro, a digital assets infrastructure provider holding SEC-regulated broker-dealer, ATS, and transfer agent licenses. Announced on social media platform X on [Current Day], the deal positions Ondo to offer tokenized securities to U.S. investors for the first time.
- Acquisition secures licenses allowing U.S. equity tokenization
- Enhances Ondo’s “permissionless” blockchain access proposition
- Tokenized real-world asset market values $24.79 billion
“This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations,” stated Ondo Finance CEO Nathan Allman upon announcing the move.
Based in Zug, Switzerland, Oasis Pro is a member of FINRA and the Options Price Reporting Authority and has been actively involved in shaping U.S. regulations for digital assets as part of FINRA’s Crypto Working Group. This regulatory integration will be crucial as Ondo expands its operations into the U.S.
Ondo intends to use this regulatory framework to offer the necessary level of investor transparency that differentiates its offering from competitors, as acknowledged in an interview with Decrypt.
The timing of this announcement also coincides with a separate $250 million funding round with crypto venture capital firm Pantera Capital for real-world asset tokenization projects.
While several firms including Robinhood and Kraken have started offering tokenized stocks to EU investors, as well as platforms like xStock on Solana available globally, Ondo’s clear path to U.S. listings marks a significant development in the tokenized securities space. The global market for tokenized real-world assets stands at $24.79 billion with tokenized stocks comprising $425.9 million of that value. This nascent sector faces an expected growth trajectory, projected by some analyses to reach $13 trillion globally by 2030, signifying substantial expansion potential for established players like Ondo in this space.
