Ondo's Oasis Pro Markets Wins U.S. Regulatory Clearance to Offer Tokenized Stocks

Ondo Finance said Thursday that its broker-dealer subsidiary, Oasis Pro Markets, has obtained regulatory authorization to offer tokenized equities and funds to U.S. investors under SEC and FINRA oversight, citing a post on the company's official X account. Ondo described Oasis Pro Markets as an SEC-registered broker-dealer. The authorization allows the unit to provide compliant U.S. access to tokenized publicly traded equities, including IPO participation, as well as fund interests such as ETFs, mutual funds and index funds. Ondo said distribution can be conducted via OTC retailing, underwritten primary offerings, private placements and other activities. The clearance broadens Ondo's tokenization footprint in the U.S. Previously, the company said its domestic offerings were focused on tokenized Treasuries products, while tokenized stocks were sold outside the country. Ondo added that Oasis Pro Markets can support omnibus account structures through existing broker-dealer and advisory channels, enabling institutional investors, registered investment advisors and retirement accounts to access tokenized securities through their current brokers. The company said its Ondo Stocks unit has processed more than $20 billion in cumulative volume and holds over $1 billion in tokenized stocks total value locked. Ondo characterized Ondo Stocks as the largest tokenized securities platform, claiming it exceeds all other platforms combined. The post did not provide an independent basis for that ranking, and the figures were presented as company-reported. ONDO traded around $0.40, down 3.73% over 24 hours, with circulating market capitalization near $1.95 billion. Bitcoin fell 1.59% over the same period to about $64,911. Ondo did not disclose a launch date for the U.S. offerings, saying only that the products will be available to American investors and institutions following the approvals.