Ondo Finance Acquires SEC-Registered Broker-Dealer Oasis Pro in Major Tokenization Play

Ondo Finance has announced its acquisition of Oasis Pro, an SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent, in a strategic move that positions the blockchain technology company to develop a fully regulated tokenized securities ecosystem for US investors.

The acquisition brings together Ondo's institutional-grade tokenization technology with Oasis Pro's comprehensive suite of US regulatory licenses, creating what the companies describe as the most robust foundation for tokenized finance in the American market.

"This unlocks the next major chapter of tokenized finance," said Nathan Allman, CEO of Ondo Finance, in a statement on Friday. "This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations."

Regulatory Infrastructure and Compliance Focus

Founded in 2019, Oasis Pro operates through its subsidiaries as an SEC-registered and FINRA member broker-dealer, Alternative Trading System, and Transfer Agent. The platform was among the first US-regulated ATSs authorized to support settlement of digital securities in both fiat currencies and stablecoins including USDC and DAI.

Pat LaVecchia, CEO of Oasis Pro, will join Ondo Finance's team following the acquisition. "We are proud to join forces with Ondo Finance, a true innovator in tokenized finance," LaVecchia said. "This acquisition combines our brokerage platform and licenses with Ondo's existing institutional-grade infrastructure and products, a comprehensive foundation for a regulated tokenized securities ecosystem."

Allman emphasized LaVecchia's value to the organization: "Pat brings deep experience in the digital asset space, particularly around building regulatory-compliant platforms. His leadership and perspective will be a valuable asset as we continue to grow and adapt in this evolving landscape."

Market Opportunity and Growth Plans

The acquisition comes as the tokenized securities market shows significant growth potential. Tokenized stocks, which represent digital assets backed 1:1 by publicly traded shares and settled on blockchain infrastructure, are projected by analysts to exceed $18 trillion by 2033, Ondo noted.

Ondo said it plans to leverage this acquisition to launch access to tokenized stocks for non-US investors in the coming months through its Global Markets platform, partnering with leading wallets, exchanges, and protocols.

The company already manages over $1.4 billion in assets under management across its existing tokenized products and supports a global ecosystem of custodians, public chain infrastructure, and onchain liquidity protocols for tokenized real-world assets.