Ondo Finance Subsidiary Joins DTCC Fund/SERV Network to Advance Tokenized Fund Distribution

Oasis Pro Markets, a broker-dealer owned by Ondo Finance, has joined the DTCC's Fund/SERV network, becoming the first tokenization platform to integrate with the system that processes over 85% of U.S. mutual fund activity. While the move aims to facilitate the distribution of Ondo's tokenized products, such as USDY and OUSG, no specific timeline for initial trades or product integration was disclosed. The company is currently navigating internal leadership disputes regarding control following the death of founder Nathan Allman.