Ondo Finance Joins DTCC's Fund/SERV Network for Tokenized Funds

Ondo Finance (ONDO) announced that its subsidiary Oasis Pro Market has joined the U.S. Depository Trust & Clearing Corporation (DTCC)'s Fund/SERV network for fund transaction processing. As a tokenization company, Ondo is the first to join this network. Fund/SERV processes over 85% of U.S. mutual fund transactions and will allow Ondo to connect with fund managers and asset management platforms while standardizing the processing, settlement, dividends, and reporting of tokenized funds.