Ondo Finance bags SEC licenses with Oasis deal – All details here

Key Points

1. Ondo Finance acquired Oasis Pro Markets, securing SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent licenses.

2. The acquisition aims to build a regulated bridge for U.S. investors into tokenized securities, strengthening Ondo's position in the tokenized finance sector.

3. ONDO's Open Interest on Futures remained steady at $122 million, with Funding Rates turning slightly bullish at 0.0055, indicating limited speculative activity.

4. Tokenized Asset Value for USDY and OUSG approached $1.5 billion, showing growing adoption despite lagging price action for ONDO.

5. ONDO's price traded sideways near $0.78 with low volatility and a neutral RSI, reflecting a lack of strong buying pressure.