Ondo Finance said its Oasis Pro Markets has joined DTCC's Fund/SERV platform, becoming the first tokenized platform accepted by the fund transaction processing and distribution network. According to Odaily, Oasis Pro Markets is a U.S.-registered broker-dealer and distributor of tokenized investment products.
Fund/SERV handles more than 85% of mutual fund transactions in the U.S. After the integration, Oasis Pro Markets can use standardized connections to trade with fund companies, wealth management platforms, and service providers, while supporting account-level data transfer, trade confirmation, reconciliation, fund allocation, tax reporting, and regulatory reporting.