Ondo Finance don buy Oasis Pro for USA trading license dem
Ondo Finance don agree to acquire Oasis Pro Inc., wey be US-regulated broker-dealer and Alternative Trading System (ATS). The deal still dey wait for regulatory approval, go grant Ondo Finance US broker-dealer license, ATS license plus transfer agent license. These licenses go help Ondo Finance enter the US tokenized securities market, wey dem dey predict say by 2033, e go reach $18 trillion. Through Oasis Pro settlement platform, Ondo Finance go fit trade tokenized stocks and bonds wey go settle with fiat and stablecoins like USDC and DAI. Pat LaVecchia, CEO of Oasis Pro, go join Ondo Finance to make their regulatory team strong. Ondo Finance don already dey manage over $1.5 billion in tokenized assets for USDY and OUSG. This acquisition na follow after dem do $250 million real-world assets partnership with Pantera Capital. The deal go expand their global markets platform, make US and non-US investors fit access tokenized finance through crypto wallets, exchanges and DeFi. Even with all these, ONDO futures open interest remain steady at $122 million and price dey around $0.78. RSI dey 49 and funding rates just small positive, wey show say market reaction neutral. Traders still dey cautious, dem dey wait for clear volume and technical confirmation before dem go change their positions.
Neutral
Even though di acquisition of Oasis Pro and di new U.S. broker-dealer, ATS and transfer agent licenses na big big regulatory milestone for Ondo Finance, short-term market metrics still dey low. ONDO futures open interest dey flat and price volatility low. RSI at 49 and only small positive funding rates show limited immediate upward momentum. Traders dey wait for stronger volume and clearer technical confirmations. But dis deal strengthen Ondo Finance long-term position for di fast-growing tokenized securities market, wey fit support future bullish potential.