Oasis Pro Joins DTCC Fund/SERV as First Tokenization Member
Oasis Pro Markets has joined DTCC's Fund/SERV network, becoming the first member focused on tokenization. This integration connects tokenized fund distribution with the existing U.S. fund infrastructure, which processes over 85% of mutual fund order transactions. The challenge for tokenized assets lies in connecting them to established systems used by fund managers, distributors, transfer agents, and brokers for orders, settlement, and recordkeeping. Oasis Pro's integration allows tokenized funds to maintain their blockchain layer while utilizing DTCC's infrastructure for fund processing, minimizing the need for institutions to adopt entirely new operational systems. It is important to note that Fund/SERV is not launching a public token exchange, nor is DTCC operating a decentralized trading venue. The integration focuses on fund-order routing, processing, and recordkeeping, which is essential for tokenized assets to progress beyond experimental phases. Traditional finance typically integrates new systems with existing ones rather than replacing them entirely, and this approach is exemplified by Ondo and Oasis Pro.
-- Price
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