Oasis Pro Markets, a Subsidiary of Ondo, Joins DTCC Fund/SERV Platform

Ondo Finance has announced that its subsidiary, Oasis Pro Markets, has joined the Fund/SERV platform of the Depository Trust & Clearing Corporation (DTCC), becoming the first tokenized platform. Oasis Pro Markets is a registered securities broker-dealer in the United States and a distributor of tokenized investment products. Fund/SERV handles over 85% of mutual fund trading activity in the U.S., and this integration will pave the way for Ondo's tokenized funds to enter the traditional fund distribution system. Oasis Pro Markets can trade with fund companies, wealth management platforms, and service providers through a single standardized connection, eliminating the need to establish customized interfaces for each fund. The related infrastructure supports account-level data transmission, trade confirmations, reconciliations, fund distributions, tax reporting, and regulatory reporting. Ondo stated that this will establish critical infrastructure for scaling tokenized funds and entering the mainstream market.

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