started · updated
Ondo Finance integrates tokenized funds into major U.S. distribution networks
Ondo Finance has achieved a significant milestone in the integration of digital assets with traditional finance. Its broker-dealer, Oasis Pro Markets, has joined the DTCC’s Fund/SERV network. This network is a critical piece of infrastructure that handles over 85% of mutual fund activity in the United States, used by fund companies and distributors to process and settle trades.
This membership allows Oasis Pro Markets to plug into shared trade processing, settlement, and reporting systems rather than relying on individual links with fund companies. The move is intended to bridge the gap between decentralized finance and the regulated Wall Street ecosystem, facilitating the mainstream adoption of tokenized funds by making them accessible to financial advisors, brokerage platforms, and institutional clients.
While the integration provides the necessary infrastructure for scaling tokenized products, neither Ondo nor DTCC specified which particular products will utilize the connection or when the first trades will occur. Ondo Finance has previously issued tokenized products such as USDY and OUSG, and has worked on tokenizing U.S. securities.