Ondo Finance said its SEC-registered broker-dealer subsidiary, Oasis Pro Markets, has received US regulatory authorization to offer compliant tokenized corporate stocks and fund products to financial institutions and retail investors under SEC and FINRA oversight. The framework covers retail OTC trading, underwritten primary offerings, private placements and secondary-market activity. According to the announcement, the platform will allow US issuers to launch tokenized securities and let both institutional and retail investors trade them. Eligible assets include NMS stocks, fund interests such as ETFs, mutual funds and index funds, as well as securities issued through IPOs and traded in secondary markets. Settlement can take place in fiat or supported stablecoins, including direct settlement between blockchain-based wallets. Ondo said the authorization builds on its acquisition of Oasis Pro, which holds SEC registrations for a broker-dealer, an alternative trading system and a transfer agent. The company also said the approvals support omnibus account structures through integrations with existing broker-dealer and adviser channels.

Tokenized assets combine TradFi exposure with crypto rails. Experts see them as permanent infrastructure, not a temporary bridge. Stablecoins power the liquidity layer beneath. BlackRock BUIDL, Ondo Finance products accelerate adoption.

Fidelity Investments told the SEC Crypto Task Force that current U.S. market infrastructure is sufficient to integrate crypto assets under existing rules, urging faster regulatory action without building parallel systems.

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SpaceX closed its Nasdaq debut at $160.95, up about 19% from its $135 IPO price, giving it a market value of roughly $2.1 trillion. The listing drew money away from other space stocks, with Virgin Galactic down 31%.

Gate has introduced IPO Access, letting users subscribe to selected IPOs with USDT. The first offering is SpaceX, with allocated shares set to be delivered to Gate stock accounts on June 12.

Solana dominates tokenized stock spot trading, but the legal design behind major issuers varies sharply. The PreStocks dispute in May 2026 exposed how fragile synthetic private-market exposure can be.

Shareholders of Satsuma have approved two special resolutions that set the company on course to unwind its bitcoin treasury and leave the London market. At a general meeting held on July 20, investors backed a plan to return substantially all of the company’s capital to shareholders and also voted to cancel its listing on the UK Financial Conduct Authority’s Official List. The board is now expected to shut down trading operations and sell the company’s remaining roughly 668 BTC. The timetable tied to the June 24 shareholder circular lays out the next steps. The record time for B Share entitlement falls at 6 p.m. on August 3, while warrant holders must exercise before that deadline if they want the resulting ordinary shares included in the capital return. Satsuma will then seek court approval in the UK, with a directions hearing scheduled for August 13 and a confirmation hearing on September 8. Under that schedule, the delisting is set for September 14, with payments and CREST transfers due by September 28. The vote follows a difficult stretch for the company, which had accumulated most of its bitcoin at an average price above $113,000. Bitcoin traded below $68,000 in July, leaving Satsuma with steep unrealized losses. Pressure had also built from shareholders, including Pantera Capital and holders representing more than 20% of issued capital.