Ondo Finance has integrated with the DTCC’s Fund/SERV network through its subsidiary, Oasis Pro Markets, a registered U.S. broker-dealer. This connection links tokenized funds with the infrastructure used by traditional U.S. fund distributors, as DTCC’s Fund/SERV processes over 85% of U.S. mutual fund transaction activity. The move provides an established operational layer for subscriptions, redemptions, and recordkeeping. Ondo’s tokenized stocks have surpassed $1 billion in total value locked, with the platform now expanding its listed asset count. The integration aims to simplify distribution for tokenized products as they grow.
Ondo Finance has joined the DTCC’s Fund/SERV network through its subsidiary Oasis Pro Markets, a U.S.-registered broker-dealer. This connection allows Ondo to link tokenized funds directly with existing institutional fund workflows.
DTCC stated that Fund/SERV processes more than 85% of U.S. mutual fund transaction activity. The integration standardizes transaction processing, reconciliation, distributions, and reporting, allowing a single connection to replace separate integrations for individual funds.
Tokenization requires systems for subscriptions, redemptions, recordkeeping, and distribution, beyond just blockchain infrastructure. DTCC’s Talia Klein said Ondo’s participation “demonstrates how established industry infrastructure can support the next phase of market evolution.”
This development builds on Ondo’s existing tokenized-asset activity, as Ondo Finance reported that Ondo Stocks surpassed $1 billion in total value locked in May. The platform has since expanded its listed asset count of over 260 tokenized U.S. stocks and ETFs.
Ondo’s wider platform also includes USDY and OUSG, providing onchain exposure to Treasury-related assets. Its website currently reports about $1.04 billion in TVL for Ondo Stocks and $2.23 billion for USDY.
According to CoinMarketCap data, the ONDO token traded around $0.327 on September 16, down about 0.12% over the previous 24 hours. The announcement concerns Oasis Pro Markets and Fund/SERV rather than new utility for the ONDO token.
Future fund launches and distributor participation will provide more evidence of commercial use for the new distribution connection.
