DTCC's Fund/SERV Adds Ondo Finance as Its First Tokenization Member, Bringing Tokenized Funds Into the Mainstream
Ondo Finance, through its subsidiary Oasis Pro Markets, has become the first tokenization platform to join the DTCC's Fund/SERV network. This integration connects Ondo directly to the operational backbone of the U.S. mutual fund industry, which currently processes over 85% of all U.S. mutual fund activity. By utilizing Fund/SERV, Oasis Pro Markets gains access to standardized transaction processing, reconciliation, and regulatory reporting capabilities without requiring bespoke integrations for every partner. This development is a significant milestone for the RWA market as it bridges the gap between digital asset protocols and traditional financial infrastructure. The move enables tokenized funds to be distributed more efficiently across established wealth platforms and service providers. By leveraging DTCC's existing standards, Ondo aims to facilitate the mainstream adoption and scalability of tokenized investment products. This partnership underscores the growing trend of institutional infrastructure providers actively incorporating tokenized assets into their legacy systems.