Ondo Finance bags SEC licenses with Oasis deal – All details here
With fresh investments and a U.S. license trifecta, Ondo Finance is playing the long game.
- Ondo acquired Oasis Pro and teamed up with Pantera to lead U.S. tokenization efforts
- Despite bullish moves, ONDO’s price remains flat as traders await stronger confirmation or volume
Ondo Finance [ONDO] isn’t slowing down.
Fresh off a $250 million real-world asset (RWA) push with Pantera Capital, the firm is now eyeing its next move: acquiring Oasis Pro to build a regulated bridge for U.S. investors into the world of tokenized securities.
They’re definitely not waiting around.
Ondo Finance: A tightened grip
Just days after teaming up with Pantera Capital on a $250 million initiative to back RWA projects, the firm has now acquired Oasis Pro Markets – a move that brings critical U.S. regulatory licenses in-house.
With this deal, Ondo Finance gained access to an SEC-registered broker-dealer, an Alternative Trading System (ATS), and Transfer Agent status, allowing it to legally offer tokenized securities to U.S. investors.
The dual strategy is clear: build the infrastructure, then pour capital into it.
About the acquisition, CEO Nathan Allman said,
“This unlocks the next major chapter of tokenized finance…This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.”
Utility over hype
Despite the strides, ONDO’s Open Interest on ONDO Futures barely moved – holding steady at $122 million, suggesting no major inflows or speculative spikes.
However, Funding Rates flipped green at 0.0055, indicating that traders are slightly favoring longs. This shift signals a mild tilt toward bullish speculation, but not yet conviction.
While price action lagged, fundamentals strengthened. Data from rwa.xyz showed Tokenized Asset Value across USDY and OUSG nearing $1.5 billion—a clear sign that adoption is growing, even as speculation lags.
This divergence between on-chain demand and market price often precedes breakout phases in fundamentally sound projects.
Traders in “wait mode”
Despite back-to-back announcements, ONDO price action has been surprisingly tame.
ONDO continued to trade sideways near $0.78 at press time, with low volatility and a neutral RSI around 49. The OBV is trending flat near -57.9M, reinforcing the lack of strong buying pressure.
While bullish Funding Rates hint at mild optimism, traders appear to be holding back, likely waiting for clearer confirmation or stronger volume before making decisive moves.
