ONDO Finance joins DTCC’s Fund/SERV, handling 85% of US mutual fund transactions

DTCC: The Depository Trust & Clearing Corporation serves as the premier market infrastructure for the global financial services industry, providing clearing, settlement, and related services. It recently added Ondo Finance’s subsidiary to its Fund/SERV platform, extending support for tokenized funds within the traditional mutual fund ecosystem. DTCC continues to advance tokenization capabilities through industry collaborations and production initiatives. Ondo Finance: Ondo Finance is a leading tokenization company bringing institutional-quality financial products to the digital economy. Its subsidiary Oasis Pro Markets, a U.S. registered broker-dealer, joined DTCC’s Fund/SERV platform as the first tokenization member. This integration connects Ondo’s tokenized funds to traditional fund distributors and service providers through standardized channels. Infrastructure: DTCC has successfully processed U.S. trades using DTC-tokenized assets in a production environment as part of efforts to bridge traditional and digital markets. Industry Collaboration: Over 30 firms from traditional finance and digital asset sectors participated in DTCC’s tokenization testing initiatives.