BlockBeats News, July 4th, Ondo Finance will acquire the SEC-regulated broker-dealer Oasis Pro to advance its tokenized US stocks business.
The acquisition price has not been disclosed yet. The acquisition will bring a range of US securities licenses to Ondo: a broker-dealer regulated by the SEC, an Alternative Trading System (ATS), and a transfer agent. Ondo Finance plans to launch tokenized stock trading in the coming months.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.