Ondo Finance’s subsidiary, Oasis Pro Markets, has been authorized by the Financial Industry Regulatory Authority (FINRA) to offer tokenized stocks and funds to U.S. institutional and retail investors under the oversight of the U.S. Securities and Exchange Commission (SEC) and FINRA. This authorization covers OTC retail trading, underwriting of primary offerings, and private placements, enabling trading in NMS stocks, ETFs, mutual funds, index funds, and IPO securities, with settlement supported in fiat currency or stablecoins.
Ondo Finance Subsidiary Oasis Pro Markets Granted FINRA Authorization for Tokenized Securities Trading
AiCoinShare
Summary
Ondo Finance’s subsidiary, Oasis Pro Markets, has received FINRA authorization to trade tokenized stocks and funds for U.S. investors under the oversight of the SEC and FINRA. The license covers OTC retail trading, underwriting, and private placements, supporting NMS stocks, ETFs, mutual funds, and IPOs, with settlement in fiat or stablecoins. Recent Fear and Greed Index readings indicate improving market sentiment, potentially increasing trading volume as institutional and retail access expands.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.