A Real-World Assiva-Tokenization Platform has purchased a broker dealer who is registered with the US Securities and Exchange Commission (SEC).
In a new one wire On the social media platform X, the Decentralized Finance (Defi) and Tokenization Project Ondo Finance (ONDO) says that it has taken over the broker dealer Oasis Pro as a means to bring regulated tokenized effects to blockchains.
“On America’s 250th birthday, we are proud to announce that we are taking the next step in our mission to bring financial markets onchain. ONDO acquires Oasis pro-inclusive the sec-registered broker-dealer, alternative trading system (ATS) and transfer agent-de-Endo-Ecosystem for a regulated dial-of-protection system for a regulated docking system for a regulated assignment system for a regulated assignment system for BlockChain-Ecosystem for Block-Ecosystem.
Real-World Tokenization enables investors to represent the ownership of physical assets, such as shares or real estate, as tokens on a blockchain, making them easily interchangeable. According to ONDO, Oasis Pro was one of the first ATS protocols – or mechanisms that transfer funds outside the boundaries of the traditional financial system – approved by supervisors for use in the digital assets industry.
As mentioned by Nathan Allman, Chief Executive of ONGO, in a company Blog post“
“This unlocks the next major chapter of Tokenized financing. This acquisition will enable us to realize our vision to build a robust and accessible Tokenized financial system, supported by the strongest regulatory foundations.”
ONDO acts for $ 0.774 at the time of writing, a marginal purchase during the last 24 hours.
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Generated image: midjourney
