Ondo’s Oasis Pro Joins DTCC Fund/SERV In Tokenized Fund Milestone

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TL;DR Oasis Pro Markets has joined DTCC’s Fund/SERV network. It becomes Fund/SERV’s first member built specifically around tokenization. The integration connects tokenized fund distribution with existing U.S. fund infrastructure. Tokenized funds are getting a much more traditional piece of plumbing. DTCC has added Oasis Pro Markets, working with Ondo Finance, to its Fund/SERV network as the system’s first tokenization-focused member. Fund/SERV sits deep inside the U.S. investment-fund industry, processing more than 85% of mutual fund order transactions. That makes this less flashy than another token launch, but arguably more important. Tokenization Meets Existing Market Infrastructure One of the biggest challenges for tokenized assets is not issuing the token. It is connecting that token to everything institutions already use. Fund managers, distributors, transfer agents and brokers rely on established systems for orders, settlement and recordkeeping. Replacing all of that overnight is unrealistic. Oasis Pro’s integration offers a different route. Tokenized funds can keep their blockchain layer while still plugging into familiar DTCC infrastructure for fund processing. That reduces...

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