Ondo Finance's broker-dealer arm, Oasis Pro Markets, has secured regulatory authorization to offer tokenized equities and funds to U.S. investors. The approval places the firm under the oversight of the Securities and Exchange Commission and the Financial Industry Regulatory Authority. Ondo Finance made the announcement Thursday on its official X account.
What the authorization covers
Oasis Pro Markets can now issue and trade tokenized versions of traditional equities and funds. Tokenization turns real-world assets into digital tokens on a blockchain, allowing for faster settlement and fractional ownership. The SEC and FINRA will supervise the firm's activities, ensuring compliance with existing securities laws.
The move brings tokenized securities closer to mainstream U.S. investors. While crypto tokens often operate in a regulatory gray area, Oasis Pro Markets now has a clear framework. The company said the authorization is a step toward bridging traditional finance with blockchain technology.
Oasis Pro Markets can now begin offering these products to eligible U.S. investors. The firm hasn't disclosed a specific launch date, but the regulatory green light means it can move forward with its planned tokenized securities lineup.
