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Ondo Finance Integrates With DTCC Fund/SERV Network

Ondo Finance has secured a gateway into the heart of the U.S. mutual fund industry, becoming the first tokenization platform to join the Depository Trust & Clearing Corporation’s Fund/SERV network. This move allows its Oasis Pro Markets subsidiary to streamline transaction processing across existing financial infrastructure.

Ondo Finance Integrates With DTCC Fund/SERV Network

Fund/SERV serves as the primary hub for U.S. mutual fund activity, processing over 85% of domestic transaction volume. By gaining membership, Oasis Pro Markets—an SEC-registered broker-dealer—can now facilitate transaction confirmations, reconciliation, and reporting through a single standardized system. Previously, the firm faced the prospect of building bespoke technical connections for every individual distributor, wealth platform, or fund company it sought to reach.

Ondo President Ian De Bode noted that this integration provides an efficient distribution path for tokenized investment products, enabling the firm to plug into networks already utilized by major financial institutions. While the connection simplifies logistics, it does not alter the underlying legal status or custody arrangements of the assets. DTCC Managing Director Talia Klein emphasized that the development highlights the ability of legacy infrastructure to accommodate blockchain-based products, marking a shift in how traditional markets interface with digital asset platforms.

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