Ondo Finance said Thursday that its broker-dealer subsidiary, Oasis Pro Markets, has secured regulatory authorization to offer tokenized equities and fund products to U.S. investors under the oversight of the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). The disclosure came in a post from the company’s official X account.
Approval covers public equities, IPOs, and fund interests
Ondo described Oasis Pro Markets as an SEC-registered broker-dealer. It said the approval allows the unit to provide compliant U.S. access to tokenized publicly traded equities, including offerings tied to initial public offerings, along with fund interests such as exchange-traded funds, mutual funds, and index funds.
According to the company, that access would be offered through OTC retailing, underwritten primary offerings, private placements, and other activities.
Move broadens Ondo’s U.S. tokenization business
The clearance extends Ondo’s tokenization business in the U.S. Until now, its domestic offerings had been centered on Treasury products, while tokenized stocks were sold outside the country.
Ondo also said Oasis Pro Markets can support omnibus account structures through existing broker-dealer and advisory channels. The company said that framework would allow institutional investors, registered investment advisors, and retirement accounts to access tokenized securities through the brokers they already use.
Company cites platform scale metrics
Ondo said its Ondo Stocks unit has recorded more than $20 billion in cumulative volume and over $1 billion in tokenized stocks total value locked. The company characterized Ondo Stocks as the largest tokenized securities platform, exceeding all other platforms combined.
TheDefiant noted that Ondo did not publish an independent basis for that ranking in the X post, and that the figures were provided by the company itself.
Market snapshot
At the time referenced in the report, the ONDO token was trading at about $0.40, down 3.73% over 24 hours, with a circulating market capitalization of roughly $1.95 billion. Bitcoin was down 1.59% over the same period at about $64,911.
No launch date disclosed
Ondo did not provide a launch date for the U.S. offerings. It said only that the products would be made available to American investors and institutions following the approvals.