[Ondo Subsidiary Joins DTCC's Fund/SERV Platform, Facilitating Tokenized Funds' Entry into Traditional Markets] BlockBeats News, September 16: Ondo Finance announced that its subsidiary, Oasis Pro Markets, has joined the Fund/SERV platform under the Depository Trust & Clearing Corporation (DTCC), becoming the first tokenized platform accepted by this fund transaction processing and distribution network. Oasis Pro Markets is a U.S.-registered broker-dealer and distributor of tokenized investment products. Fund/SERV currently processes over 85% of mutual fund transactions in the United States. This integration will pave the way for Ondo's tokenized funds to enter the traditional fund distribution system, enabling Oasis Pro Markets to conduct transactions with fund companies, wealth management platforms, and service providers through a single standardized connection, eliminating the need to establish customized interfaces for each fund. The related infrastructure supports account-level data transmission, transaction confirmation, reconciliation, fund allocation, tax reporting, and regulatory reporting. Ondo stated that this will establish critical infrastructure for scaling tokenized funds and entering mainstream markets. [Original Link]