Ondo Finance’s broker-dealer subsidiary, Oasis Pro Markets, has received authorization from the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority to offer tokenized stock and fund products to U.S. investors. The approval puts a regulated framework around part of the real-world asset, or RWA, tokenization business. For Ondo Finance, which is widely known as a leading project in the RWA segment, the development adds a compliance milestone tied to bringing traditional financial assets onto blockchain-based rails. The item was reported by Techub News and cited Cointelegraph as the source.
Ondo Finance’s broker-dealer subsidiary, Oasis Pro Markets, has received authorization from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to offer tokenized stock and fund products to U.S. investors, according to Techub News.
The approval signals recognition from traditional U.S. financial regulators for real-world asset (RWA) tokenization business lines. Ondo Finance, identified in the report as a leading project in the RWA sector, now has a regulatory approval that supports closer integration between traditional financial assets and blockchain technology.
Techub cited Cointelegraph in the report.
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