Home Ondo Finance Joins DTCC Fund/SERV Network In Tokenization First

Ondo Finance Joins DTCC Fund/SERV Network In Tokenization First

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Ondo Finance Joins DTCC Fund/SERV Network In Tokenization First
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  • Through its subsidiary Oasis Pro Markets, Ondo Finance becomes a member of DTCC Fund/SERV.
  • The first tokenization business to join the DTCC Fund/SERV network is Oasis Pro.
  • Tokenized investment products can be distributed through conventional financial firms with the help of this connection.
  • Key fund functions, including as transaction processing, reconciliation, and distribution, are managed by DTCC’s Fund/SERV.

Ondo Finance has become the first tokenization company to join the DTCC’s Fund/SERV network, marking another step toward connecting blockchain-based investment products with traditional financial market infrastructure.

The company announced that its subsidiary, Oasis Pro Markets, has joined Fund/SERV as a member. The U.S.-registered broker-dealer will use the network to connect Ondo’s tokenized investment products with financial firms and distribution platforms already operating within the traditional fund ecosystem.

Oasis Pro Gains Direct Fund/SERV Access

DTCC’s Fund/SERV platform supports fund processing across the U.S. investment industry. The network handles key operational functions, including transaction confirmations, reconciliation and fund distributions.

DTCC processes more than 85% of U.S. mutual fund transaction volume, according to information cited by Ondo. By joining the network, Oasis Pro gains a standardized connection to fund companies, wealth platforms and service providers.

This could reduce the need for separate technical integrations with individual firms. Instead, Oasis Pro can use the existing Fund/SERV infrastructure to connect with participating institutions.

“We’re excited to be the first tokenization platform to become part of Fund/SERV,” Ondo President Ian De Bode said.

Tokenized Funds Target Traditional Distribution

The Fund/SERV membership gives Ondo another potential route for distributing tokenized funds through established financial channels.

For traditional investment firms, integrating blockchain-based products can involve new technology and operational processes. Connecting through infrastructure they already use could make it easier to support tokenized products alongside existing fund operations.

DTCC Managing Director Talia Klein said Ondo’s participation shows how established market infrastructure can support the continued development of digital markets.

The development comes as asset managers and financial institutions explore ways to bring traditional securities and investment products onto blockchain networks.

Ondo Expands Its Tokenization Push

Ondo has continued expanding its tokenized securities business through Oasis Pro and other initiatives. Oasis Pro can facilitate the issuance of Ethereum-based tokens backed by underlying securities held by regulated custodians.

The company has also been developing Ondo Network, an infrastructure platform designed for tokenized financial markets. The network is built to support areas such as trade execution, validation and settlement, including the use of stablecoins for settlement.

Ondo has previously worked on tokenized exposure to traditional U.S. securities, including products linked to BlackRock’s iShares Core S&P 500 ETF and Micron Technology shares.

Its planned collaboration with Japan’s SBI Group also points to growing international interest in tokenized financial products, with the setup expected to support SBI’s JPYSC stablecoin for settlement and collateral.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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