Ondo Finance becomes first tokenization firm to join DTCC Fund/SERV network
Ondo Finance announced that its subsidiary, Oasis Pro Markets, has joined the DTCC Fund/SERV network, making it the first tokenization company to integrate with the platform. The network handles over 85% of U.S. mutual fund transactions. This integration aims to connect tokenized funds with traditional financial systems, enabling standardized processing, reconciliation, and reporting to facilitate the scaling of tokenized assets.
Summaries are written by AI from the original article. Not investment advice.