- Ondo’s acquisition of Oasis Pro to enhance regulated tokenized securities.
- Ondo’s assets exceed $1.4 billion after the acquisition.
- Market expects increased demand for compliant tokenized assets.
Nut Graph
Both Ondo Finance and Oasis Pro emphasize the acquisition’s potential to expand access to regulated tokenized securities for global investors.
Industry Move
In a significant industry move, Ondo Finance, a leader in RWA tokenization, has acquired Oasis Pro, enhancing its regulated asset offerings with SEC licenses. Nathan Allman, CEO of Ondo, highlighted their vision’s realization through combined infrastructure and regulatory foundation.
“This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations,” said Nathan Allman, CEO, Ondo Finance.
Ondo’s acquisition involves Oasis Pro’s extensive regulatory licenses, including a broker-dealer status and ATS, broadening its reach in the United States. This transaction aligns with Ondo’s strategy, managing over $1.4 billion in tokenized assets.
Market Reaction
The immediate market reaction saw a 3% decline in the ONDO token’s value. However, experts anticipate a long-term bullish market sentiment due to regulatory strengthening. This expansion is set to support worldwide adoption of tokenized securities and RWAs.
Financial Implications
Financial implications include increased institutional confidence and potential for capital inflow due to prior Mirae Asset Ventures backing of Oasis Pro. This move mimics past acquisitions like Securitize, increasing compliance-ready tokenized asset demand.
Potential outcomes entail stronger regulatory compliance, boosting ONDO token and RWA assets globally. Historical trends suggest compliant asset demand increases, benefiting ETH, stablecoins, and other integrated DeFi ecosystems. This acquisition signifies a key step in blockchain finance institutionalization.
