<\/p>\n
A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).<\/p>\n
In a new thread<\/a> on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO<\/a>) says it\u2019s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains.<\/p>\n \u201cOn the 250th birthday of America, we are proud to announce we\u2019re taking the next step in our mission to bring financial markets onchain. Ondo is acquiring Oasis Pro \u2013 including its SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent \u2013 laying the groundwork for Ondo to develop a regulated tokenized securities ecosystem for blockchain-based financial products for US investors.\u201d<\/em><\/p>\n Real-world tokenization enables investors to represent ownership of physical assets, such as stocks or real estate, as tokens on a blockchain, making them easily interchangeable. According to Ondo, Oasis Pro was one of the first ATS protocols \u2013 or mechanisms that transfer funds outside the confines of the traditional financial system \u2013 approved by regulators for use in the digital assets industry.<\/p>\n As stated by Nathan Allman, chief executive of Ondo, in a company blog post<\/a>,<\/p>\n \u201cThis unlocks the next major chapter of tokenized finance. This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.\u201d <\/em><\/p>\n ONDO is trading for $0.774 at time of writing, a marginal decrease during the last 24 hours.<\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A real-world asset tokenization platform has acquired a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). In a new thread on the social media platform X, decentralized finance (DeFi) and tokenization project Ondo Finance (ONDO) says it\u2019s acquired the broker-dealer Oasis Pro as a means of bringing regulated tokenized securities to blockchains. \u201cOn […]<\/p>\n","protected":false},"author":2,"featured_media":397396,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-397394","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397394","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=397394"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397394\/revisions"}],"predecessor-version":[{"id":397398,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/397394\/revisions\/397398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/397396"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=397394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=397394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=397394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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