Ondo Finance's broker-dealer subsidiary Oasis Pro Markets has received regulatory clearance from the SEC and FINRA to offer tokenized equities, ETFs, and funds to US investors. This makes Oasis Pro one of the first entities to sell tokenized equity instruments under full US broker-dealer oversight, a significant regulatory milestone for the tokenized securities market. Ondo has been a leading issuer of tokenized Treasury products, so this expansion broadens the asset classes it can tokenize domestically.
For Armada's crypto repo desk, this development signals that tokenized securities issued through regulated broker-dealers may increasingly appear in counterparty portfolios, particularly among family offices and institutional holders seeking to use them as collateral. Armada's collateral eligibility policy should be reviewed to determine whether tokenized equities from SEC/FINRA-supervised issuers like Oasis Pro could be accepted alongside tokenized T-Bills, and what Fireblocks custody and valuation workflows would apply.