Key Takeaways
- • Ondo Finance's subsidiary Oasis Pro Markets becomes the first tokenisation platform to join DTCC's Fund/SERV, a network that processes over 85% of US mutual fund activity, establishing critical infrastructure for scaled tokenised asset distribution.
- • The integration enables Ondo tokenised funds to connect with traditional fund ecosystem participants—fund companies, wealth platforms, and service providers—through a single standardised connection, eliminating the need for separate bilateral integrations.
- • DTCC positions this development as central to its strategy to bridge traditional financial infrastructure with digital asset ecosystems, addressing interoperability requirements for mainstream adoption of tokenised assets.
- • Ian De Bode, Ondo Finance acting CEO, signals that foundational infrastructure for tokenised fund scaling is now operational, marking a transition from isolated blockchain platforms toward integrated market infrastructure.
Summary
The Depository Trust & Clearing Corporation (DTCC) and Ondo Finance have announced the addition of Oasis Pro Markets, Ondo's subsidiary, as the first tokenisation platform member to join DTCC's Fund/SERV platform. This marks a significant milestone in connecting blockchain-based tokenised assets with traditional securities infrastructure.
Fund/SERV currently facilitates processing for over 85% of US mutual fund activity, making it one of the industry's most widely adopted distribution networks. By onboarding Oasis Pro Markets as a tokenisation member, DTCC has created a direct pathway for Ondo's tokenised fund products to reach traditional fund companies, wealth management platforms, and other market infrastructure providers through a single standardised technical connection.
Talia Klein, managing director and head of Wealth & Investment Solutions at DTCC, emphasised the strategic importance of interoperability between traditional and digital finance systems. "As financial markets continue to evolve, interoperability between traditional infrastructure and digital asset ecosystems will be critical to achieving scale and broad market adoption," Klein stated, highlighting DTCC's role in enabling established industry standards, operational resiliency, and seamless scalability for next-generation fund distribution.
Ian De Bode, acting CEO and president of Ondo Finance, underscored the operational significance of the arrangement. Through Fund/SERV's standardised connection, Oasis Pro Markets can transact with multiple ecosystem participants without requiring separate point-to-point integrations—a substantial reduction in operational complexity and time-to-market for tokenised fund offerings. De Bode characterised the development as putting "a key piece of infrastructure in place for tokenised funds to scale to mainstream adoption," signalling that the necessary plumbing for institutional-grade tokenised asset distribution is now operational.
Fund/SERV currently facilitates processing for over 85% of US mutual fund activity, making it one of the industry's most widely adopted distribution networks. By onboarding Oasis Pro Markets as a tokenisation member, DTCC has created a direct pathway for Ondo's tokenised fund products to reach traditional fund companies, wealth management platforms, and other market infrastructure providers through a single standardised technical connection.
Talia Klein, managing director and head of Wealth & Investment Solutions at DTCC, emphasised the strategic importance of interoperability between traditional and digital finance systems. "As financial markets continue to evolve, interoperability between traditional infrastructure and digital asset ecosystems will be critical to achieving scale and broad market adoption," Klein stated, highlighting DTCC's role in enabling established industry standards, operational resiliency, and seamless scalability for next-generation fund distribution.
Ian De Bode, acting CEO and president of Ondo Finance, underscored the operational significance of the arrangement. Through Fund/SERV's standardised connection, Oasis Pro Markets can transact with multiple ecosystem participants without requiring separate point-to-point integrations—a substantial reduction in operational complexity and time-to-market for tokenised fund offerings. De Bode characterised the development as putting "a key piece of infrastructure in place for tokenised funds to scale to mainstream adoption," signalling that the necessary plumbing for institutional-grade tokenised asset distribution is now operational.
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