Tokenized Funds Crash the DTCC Group Chat: Ondo's Oasis Pro Slips Into Fund/SERV First 🏦
Back to feed

Tokenized Funds Crash the DTCC Group Chat: Ondo's Oasis Pro Slips Into Fund/SERV First 🏦

—By our DeFi Desk2 min read

Ondo Finance has become the first tokenization company to join DTCC's Fund/SERV platform, connecting its subsidiary Oasis Pro Markets directly to the U.S. fund-processing infrastructure that handles the bulk of American mutual fund activity. Oasis Pro, a U.S.-registered broker-dealer, was admitted as a member of Fund/SERV, the DTCC-operated network that processes more than 85% of U.S. mutual fund transactions. The membership gives Ondo a standardized route to fund companies, wealth platforms and service providers that already operate on the network.

Fund/SERV handles transaction confirmations, reconciliation, distributions, account information, tax reporting and regulatory reporting across the U.S. fund industry. By joining, Oasis Pro Markets can reach multiple distributors through a single existing connection, replacing the need for separate technical integrations with each counterparty. The arrangement positions Ondo to deliver tokenized investment products through infrastructure that traditional fund participants already rely on for daily operations.

Ondo Finance announced the development, framing it as a step toward broader distribution of its tokenized funds across established U.S. financial channels. The company has previously issued tokenized U.S. Treasuries and other yield-bearing products through its Ondo Finance platform, while Oasis Pro Markets has served as the regulated distribution arm for those and other digital investment offerings. The Fund/SERV membership extends that distribution layer into the same rails used by incumbent asset managers.

"We're excited to be the first tokenization platform to become part of Fund/SERV," an Ondo Finance representative said in announcing the membership, underscoring the company's positioning at the boundary between traditional fund infrastructure and blockchain-based investment products. The statement highlighted Oasis Pro's role in linking digital assets with established market plumbing without requiring counterparties to rebuild their operational stacks.

DTCC, the Depository Trust & Clearing Corporation, operates Fund/SERV as part of its broader post-trade and settlement services for the U.S. securities industry. The network connects transfer agents, broker-dealers, registered investment advisers and other intermediaries involved in mutual fund and ETF processing. Ondo's entry marks the first time a tokenization-focused firm has been admitted as a member, according to the announcement, placing the company alongside legacy participants in U.S. market processing.

Mentioned Coins

$ONDO
Share:
Publishercryptonewsroom.xyz
AuthorDeFi Desk
Published—
CategoryDeFi

Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.

See our Terms of Service, Privacy Policy, and Editorial Policy.