"Ondo Finance's Acquisition of SEC-Registered Broker-Dealer 'Oasis Pro'"

# Blockchain Pioneer Ondo Finance to Acquire Oasis Pro, Secures Regulatory Licenses for Tokenized Securities Ondo Finance, a leading blockchain technology firm, announced on October 7 its plans to acquire Oasis Pro, a registered broker-dealer and fintech infrastructure provider, according to Bitcoin.com. This strategic acquisition will provide Ondo Finance with crucial regulatory licenses, including those for SEC-registered broker-dealer activities, an Alternative Trading System (ATS), and transfer agency services. These licenses will enable Ondo Finance to establish a strong regulatory framework for offering tokenized securities markets to U.S.-based investors. Nathan Allman, CEO of Ondo Finance, hailed the deal as a "turning point" for the tokenized finance sector, marking the beginning of a "major next chapter." He highlighted that the acquisition would enable a system bolstered by stringent regulations. Pat LaVecchia, CEO of Oasis Pro, remarked that combining Oasis Pro’s brokerage platform and licenses with Ondo Finance’s infrastructure creates "an extensive foundation for a regulated tokenized securities ecosystem." Founded in 2019, Oasis Pro has been a member of the Financial Industry Regulatory Authority (FINRA) since 2020. The company supports the issuance and trading of tokenized securities and is one of the pioneering regulated ATS platforms in the U.S. that facilitates digital securities settlement using stablecoins and fiat currency. Ondo Finance identifies the tokenization of real-world assets (RWA) as a rapidly growing market. Experts predict that the tokenized stock market alone could exceed $18 trillion by 2033. Currently, Ondo Finance manages over $1.4 billion in tokenized assets worldwide and plans to introduce tokenized equity access services for non-U.S. investors soon. The transaction is awaiting regulatory approval, and the financial terms of the deal have not been disclosed.