Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks - adtechsolutions

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Ethereum DeFi Project Ondo Aims to Take on Robinhood With Jump Into Tokenized Stocks



Briefly

  • Ondo Finance was acquired by Oasis Pro, the decentralized financial platform statement said on Friday.
  • The acquisition will allow Ondo to take advantages of Oasis PRO broker, an alternative trading system and licenses to transfer agents from US federal regulators.
  • Tokenized property market in the real world is worth $ 24.79 billion from the time of publication, says RWA.xyz.

Ondo Finance has taken a big step towards offering tokenized supplies to US investors, throwing himself in a crowded end of the fintech of heavy weights, including Robinhood, which aims to use recent market flourishing in markets.

AND Ethereum decentralized finances platform announced Friday on X Purchase Oasis Pro, Digital Property Infrastructure Provider regulating a SEC, which acts as a brokerage-salesman, an alternative trade system and a transmission agent. The agreement will allow ondo Finance to inherit the Oasis Pro regulatory licenses, allowing him to offer US investors access to token -sized supplies, according to ondo’s statement.

“This acquisition will strengthen us to understand our vision of the construction of a robust and affordable tokenized financial system, aided by the strongest regulatory foundations,” executive director ondo Finance Nathan Allman said Friday in a statement.

The agreement deepens exposure to Ondo tokenized property in the real world. Earlier this year, ondo launched its Global Markets platform, which allows investors who are not in the US to invest in tokenized shares, bonds and funds traded on the stock market.

It will also improve Defining Giant – the efforts to adhere to the US regulations – the aspect of his offer to expand his operational states.

The Oasis Pro is a member of the Price Reporting Administration and the option to report prices, Onddo noted in his statement. As a member of the Finra, the Crypto Working Group, the infrastructure company has helped to design an American regulatory frame for token -based property.

Ondo Finance runs into tokenized supplies as a few digital assets to serve to serve growing appetites for shares based on blockchain shares. Slaves and Kraken made moves to open access Tokenized US investors in the EU in recent weeks, while decentralized Exchange Exchange and Defiter Oracle Network Chainlin offers support tocanized shares of Apple, Nvidia and other main shares via Xstock platform. Xstock tokenized Solana stocks are available globally, including US investors.

Tokenized property in the real world is worth $ 24.79 billion from the time of publication, and the chain shares make up $ 425.9 million in markets, according to the data analysis platform rwa.xyz. Experts project tokenized property markets by 2030 in the amount of $ 13 trillion, and report The Mordor Intelligence market research company shows.

OnDo’s last announcement also comes the day after revealing an agreement with a crypto venture with a Panther Capital to $ 250 million tag to finance property tokenization in the real world projects.

Although there is enough competition to offer tokenized supplies to US investors, Ondo Finance believes that the transparency of his offer is separated from the package, said MP Ondo Decipheses.

“One simple way of thinking about it is Robinhood offers permission [or] Tokenized shares on the wall that are only available in their application so far. “A representative said on Friday.” Ondo [offerings] will be without permission. “

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