Ondo Finance’s Oasis Pro Markets receives SEC approval to offer tokenized equities

Oasis Pro Markets, a subsidiary of Ondo Finance, has obtained formal approval from the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to distribute tokenized equities and investment funds to US retail and institutional investors.

Details of Regulatory Approval

With this authorization, Oasis Pro Markets becomes the first large-scale US broker-dealer able to bridge traditional financial assets with blockchain-based tokenization for American investors. This approval allows the company to offer tokenized versions of publicly traded equities, including initial public offerings (IPOs), exchange-traded funds (ETFs), mutual funds, and index funds.

The firm can now use several distribution methods, such as over-the-counter (OTC) retailing, underwritten primary offerings, private placements, and omnibus account structures. These mechanisms will allow both individuals and institutions to access tokenized securities alongside conventional custody solutions already familiar to traditional investment advisors and brokers.

Mini dictionary: Oasis Pro Markets is a regulated broker-dealer, acting as a bridge between blockchain-based tokenized assets and traditional US investment channels, allowing direct distribution of tokenized financial instruments under SEC and FINRA compliance.

Ondo Finance’s Track Record and Market Expansion

Ondo Finance is known for its focus on bridging real-world assets with decentralized finance, originally launching its tokenized stock trading operations offshore under the Ondo Stocks brand. According to company reports, Ondo Stocks reached over $20 billion in cumulative trading volume and maintained more than $1 billion in tokenized stocks total value locked (TVL).

This expansion into the US regulated market with Oasis Pro Markets marks a significant shift from serving international investors to onboarding American buyers and financial institutions. Registered investment advisors, broker-dealers, institutions, and retirement plans now gain streamlined access to tokenized assets, potentially reducing manual administrative processes and operational costs through digital integration.

Benefits and Ongoing Challenges

Tokenization, now backed by regulatory approval, will enable 24/7 trading, faster settlements, and allow fractional asset ownership among US investors. This was previously a feature mostly available through offshore platforms. The move is also expected to support developers and blockchain ecosystems as it positions tokenization technologies as core infrastructure for investment markets, echoing the trend of real-world asset (RWA) tokenization in US Treasuries and other funds.

Despite these advancements, the US still lacks a comprehensive regulatory framework specifically designed for tokenized securities. Market analysts caution that the liquidity of secondary markets for tokenized assets will depend largely on broker participation and integration with trading venues. There is no assurance of strong liquidity absent widespread exchange support.

Ondo Finance reports that its Offshore Ondo Stocks platform has surpassed $20 billion in cumulative volume and achieved over $1 billion in tokenized stocks TVL, marking a major milestone ahead of its US expansion through regulated channels.

The developments at Oasis Pro Markets reflect a growing trend among Wall Street firms, which are exploring the tokenization of both equities and funds, with widespread industry moves anticipated by the end of 2026.