BREAKING: Ondo Finance Becomes First Tokenization Company to Join DTCC Fund/SERV Network
Ondo Finance has become the first tokenization company to join DTCC’s Fund/SERV network, giving its tokenized fund business a direct connection to established distributors across the U.S. investment market. Ad Ad Oasis Pro Markets Connects to Fund/SERV Ondo Finance announced that its subsidiary, Oas
Ondo Finance has become the first tokenization company to gain membership in the Depository Trust & Clearing Corporation's Fund/SERV network. The milestone was achieved through Ondo Finance's subsidiary, Oasis Pro Markets, which has officially joined DTCC's Fund/SERV platform. The integration gives Ondo Finance's tokenized fund business a direct connection to established fund distributors operating across the U.S. investment market.
DTCC's Fund/SERV is a widely used industry infrastructure platform that facilitates the processing and settlement of mutual fund transactions between fund companies and their distribution partners. Membership in the network is typically reserved for traditional financial institutions, making Ondo Finance's entry a notable departure from the platform's conventional participant profile. Ondo Finance focuses on bringing real-world assets onto blockchain infrastructure through tokenized fund products.
The development signals a continued convergence between blockchain-based financial products and legacy financial market infrastructure. Access to Fund/SERV's distribution network could allow Ondo Finance to reach a significantly broader base of institutional investors and intermediaries without requiring those parties to adopt new technological frameworks. Industry observers have noted that integration with established settlement infrastructure is considered a key factor in accelerating institutional adoption of tokenized assets.
Looking ahead, market participants will be watching whether other tokenization firms pursue similar memberships within DTCC's network and how regulators respond to the growing intersection of blockchain-native firms and traditional clearinghouse infrastructure.
Source: CoinGape
