ONDO Finance has taken an important step in the direction of offering tokenized shares to American investors, which means that in a busy ring of fintech heavyweights, including Robinhood, they are throwing that want to take advantage of the recent market for shares on the chains shares.
The Ethereum Decentralized financing platform announced On Friday, Oasis Pro acquisition on X, a sec-regulated digital asset infrastructure provider that operates as a broker dealer, alternative trading system and transfer agent. The deal allows ONDO financing to inherit the regulatory permits of Oasis Pro, which allows us to offer investors access to tokenized shares, according to ONDO’s statement.
“This acquisition will enable us to realize our vision to build a robust and accessible tokenized financial system, supported by the strongest regulatory foundations,” Nathan Allman, CEO of the ONDO Finance said Friday in a statement.
The deal deepens the exposure of ONDO to Tokenized Real-World assets. Earlier this year, ONDO launched its Global Markets platform with which non-American investors can invest in tokenized shares, bonds and listed funds.
It will also be the Defi Giant’s efforts to meet American regulations – a necessary aspect of his attempt to expand its operational states.
Oasis Pro is a member of the Regulatory Authority and Optioning Price Reporting Authority of the financial sector, ONDO noted in its statement. As a member of the Crypto working group of Finra, the infrastructure company contributed to the regulating framework of the US for Tokenized Assets.
The trip from ONDO Finance to Tokenized Shares comes as various digital activa companies Jockey to serve the growing appetite of investors for blockchain -based shares. Robinity And Kraken has made movements to open access To Tokenized EU investors in the past few weeks, while the Exchange Jupiter and Defi Oracle Network Chainlink, based on Solana-based Exchange Jupiter and Defi Oracle offer support for tokenized shares of Apple, Nvidia and other important shares via the Xstock platform. The Xstock -Tokenized shares on Solana are available worldwide, also to American investors.
Tokenized real-world assets are worth $ 24.79 billion from the publication time, with on-chain shares that are good for $ 425.9 million from the market, according to data analysis platform rwa.xyz. Experts project the tokenized assets market will be $ 13 trillion in 2030, one report Mordor Intelligence market research agency.
ONDO’s last announcement also comes one day after it had unveiled a deal with Crypto-company capital company Pantera Earstel $ 250 million for the financing of Real-World assets-tokenization projects.
Although there is sufficient competition to offer tokenized shares to American investors, ONDO Finance believes that the transparency of his offer separates it from the peloton, a representative of Ondo said Decodeer.
“A simple way to think about it is that Robinhood is allowed [or] Wermed-Garden tokenized shares only available in their app for the time being. “The representative said Friday.” ONDOs [offerings] will be permissionless. “
