- Ondo acquired Oasis Pro and teamed up with Pantera to lead U.S. tokenization efforts
- Despite bullish moves, ONDOs price remains flat as traders await stronger confirmation or volume
Ondo Finance [ONDO] isnt slowing down.
Fresh off a $250 million real-world asset (RWA) push with Pantera Capital, the firm is now eyeing its next move: acquiring Oasis Pro to build a regulated bridge for U.S. investors into the world of tokenized securities.
Theyre definitely not waiting around.
Ondo Finance: A tightened grip
Just days after teaming up with Pantera Capital on a $250 million initiative to back RWA projects, the firm has now acquired Oasis Pro Markets a move that brings critical U.S. regulatory licenses in-house.
With this deal, Ondo Finance gained access to an SEC-registered broker-dealer, an Alternative Trading System (ATS), and Transfer Agent status, allowing it to legally offer tokenized securities to U.S. investors.
The dual strategy is clear: build the infrastructure, then pour capital into it.
About the acquisition, CEO Nathan Allman said,
This unlocks the next major chapter of tokenized finance&This acquisition will empower us to realize our vision of building a robust and accessible tokenized financial system, backed by the strongest regulatory foundations.
Utility over hype
Source: Coinalyze
Despite the strides, ONDOs Open Interest on ONDO Futures barely moved holding steady at $122 million, suggesting no major inflows or speculative spikes.
Source: rwa.xyz
However, Funding Rates flipped green at 0.0055, indicating that traders are slightly favoring longs. This shift signals a mild tilt toward bullish speculation, but not yet conviction.
While price action lagged, fundamentals strengthened. Data from rwa.xyz showed Tokenized Asset Value across USDY and OUSG nearing $1.5 billiona clear sign that adoption is growing, even as speculation lags.
This divergence between on-chain demand and market price often precedes breakout phases in fundamentally sound projects.
Traders in wait mode
Despite back-to-back announcements, ONDO price action has been surprisingly tame.
ONDO continued to trade sideways near $0.78 at press time, with low volatility and a neutral RSI around 49. The OBV is trending flat near -57.9M, reinforcing the lack of strong buying pressure.
Source: TradingView
While bullish Funding Rates hint at mild optimism, traders appear to be holding back, likely waiting for clearer confirmation or stronger volume before making decisive moves.
