Grab EXTRA 10% OFF all Tangem products. Till Oct 25Ondo Finance joins DTCC Fund/SERV for tokenized funds
6.7 Investments Ondo Finance’s Oasis Pro Markets joins DTCC’s Fund/SERV, streamlining tokenized fund access and marking a milestone for integrating digital assets into traditional finance.
Ondo Finance, through its subsidiary Oasis Pro Markets, has become the first tokenization company to join DTCC's Fund/SERV platform, which processes over 85% of U.S. mutual fund transactions. This membership provides Oasis Pro Markets, a U.S.-registered broker-dealer, with a standardized connection to fund companies, wealth platforms, and service providers, eliminating the need for separate integrations with each distributor. Fund/SERV handles transaction processing, confirmations, reconciliation, fund distributions, tax, and regulatory reporting, centralizing operational messages and settlement. While this integration does not immediately make Ondo's tokenized funds available to all financial institutions on Fund/SERV, it establishes the foundation for future access and significantly streamlines the distribution of tokenized investment products. This milestone marks a significant step toward integrating tokenized assets into traditional financial infrastructure, enabling Ondo Finance to leverage DTCC's established network and operational efficiency.
