Ondo Finance has announced its intention to acquire Oasis Pro, significantly strengthening its position in the market for tokenized financial assets.
Deal Goals and Benefits
The acquisition of Oasis Pro will provide Ondo access to a SEC-registered broker-dealer, alternative trading system and transfer agent. The price of the deal has not been disclosed and is subject to regulatory approval.
"This acquisition combines our brokerage platform and licenses with Ondo’s existing infrastructure and products," said Oasis Pro CEO Pat LaVecchia, who will join Ondo once the deal is finalized.
"This unlocks the next major chapter of tokenized finance," added Ondo CEO Nathan Allman.
About Oasis Pro
Founded in 2019, Oasis Pro was among the first firms to receive approval to list and settle digital securities using either fiat or stablecoins like USDC and DAI.
Trends in the Tokenized Asset Market
A growing number of crypto platforms, including Robinhood, Gemini, Kraken, and Bybit, are moving into tokenized asset offerings amid broader interest in real-world assets on blockchain rails. According to DefiLlama, more than $12 billion is currently locked in such protocols. Ripple and BCG projected the tokenized assets market could reach $18 trillion by 2033.
The acquisition of Oasis Pro is a strategically important move for Ondo Finance in their efforts to expand into the tokenized finance market and adapt to changing investment conditions.
