Ondo's Tokenization Platform Connects with DTCC Fund/SERV
Ondo Finance's US-registered broker-dealer subsidiary, Oasis Pro Markets, has become the first tokenization-platform member of DTCC Fund/SERV. This connection provides a standardized route to participants across the network, including fund companies, wealth platforms, and service providers.
DTCC's mutual-fund processing service, Fund/SERV, handles more than 85% of US mutual-fund transaction activity. Ondo's membership in this service enables tokenized-fund operations within an established distribution and back-office framework used by fund companies, wealth platforms, and service providers.
The practical importance of this connection is not about a new token format but rather access to operational channels surrounding funds. Distribution relies on recurring information and transaction processes typically handled between market participants through common infrastructure.